Packeteer rejected hedge fund Elliott Assoc' offer to buy for $5.50 per PKTR share, the hedge fund will sell its 9.9% stake to Blue Coat

• $7.10 per PKTR share; $268mm total
• PKTRstock chart
• BCSIstock chart

Announced 4.21.08

• Press release
• Form 8-K

Financial

• PKTR : UBS
• BCSI :  Merrill Lynch

Legal

• PKTR :  DLA Piper US
• BCSI :  David Polk

General

• Edgar filing

Two-step merger at $7.10 per share

• Background of the offer
• Offer to purchase

• Terms
• Conditions

Schedule TO filings

• Initial Schedule TO  5.01.08

• Exhibits  EDGAR filing page

Schedule 14D-9 filings

• Initial Schedule 14D-9  5.01.08

• Letter to stockholders
  Recommends acceptance of offer
• Other exhibits  EDGAR filing page

No shop covenant

• Proxy statement disclosure  scroll to page 53

Break-up fee

• Proxy statement disclosure  scroll to page 64

HSR Act

• Proxy statement disclosure  scroll to page 23

UBS fairness opinion

• Proxy statement disclosure  scroll to page 44

Disclosure

• Proxy statement disclosure  scroll to page 32

Private Equity