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Wednesday, December 15, 2021

Chip materials supplier Entegris to buy rival CMC in $6.5 bln deal

CMC shareholders will receive $133.00 in cash and 0.4506 shares of Entegris common stock for each share they own. Based on Reuters' calculations, the cash-and-stock portion of the offer is valued at $197.36 per share, or $5.61 billion, a premium of about 35% to CMC's Tuesday close.

from devices - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3ysNejv

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