FSII - The Worst is Over? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : FSII - The Worst is Over?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Running Bull who wrote (1165)	7/11/1997 12:11:00 PM
From: Joe Dancy	of 2754

"The merger frenzy among semiductor equipment suppliers is spreading." Hey, I like to read this type of stuff, and with Semicon West maybe something might happen here! Copyright 1997 Cahners Publishing Company Electronic News July 7, 1997 Eaton, Fusion Tying Knot In $ 292M Transaction BYLINE: Fasca, Chad Cleveland--The merger frenzy among semiconductor equipment suppliers is spreading. After several dizzying months of activity brought together Lam Research and OnTrak Systems; KLA Instruments and Tencor Instruments; Applied Materials, Orbot and Opal; and Novellus Systems and Varian Associates, the heady business of acquisition has captured Eaton's attention.In a move that drew favorable words from industry analysts, Eaton and Fusion Systems last week entered into a definitive merger agreement under which Eaton has agreed to acquire Fusion Systems in a cash transaction valued at an estimated $ 292.5 million. Eaton will initiate a cash tender offer today for all Fusion shares at $ 39 per share. Fusion Systems had approximately 7.5 million shares outstanding as of June 27. The company's stock price before Eaton's intentions were released was $ 35. . . .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next