Azenta Message Board - Msg: 21492329

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Technology Stocks : Azenta

AZTA 29.22

-1.1%

11:23 AM EST

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To: BMcV who wrote (821)	7/11/2005 8:43:11 AM
From: Proud_Infidel	Read Replies (2) of 1138

7:37AM Brooks Automation to merge with Helix Tech; BRKS lowers Q3 guidance (BRKS) 15.59 :Under terms of transaction, Helix (HELX) stockholders will receive 1.11 shares of BRKS for each share of HELX, transaction values HELX at $454 mln, expected to be "significantly accretive" to BRKS' earnings within first year and to be tax-free to the stockholders of both companies for U.S. federal income tax purposes. BRKS also issues downside guidance , sees Q3 (Jun) revs of $111-113 mln, previous co guidance was $115-20 mln vs. $120.43 mln Reuters Estimates consensus. BRKS says shortfall primarily due to timing delays of certain customer projects.

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