Hutchinson Technology (HTCH) Tops Q4 EPS by 4c
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TDK Corp. to Acquire Hutchinson Technology (HTCH) for $3.62/Share + Additional Considerations
November 2, 2015 8:09 AM ESTTDK Corporation ("TDK") and Hutchinson Technology Incorporated (Nasdaq: HTCH) jointly announced that they have entered into a definitive merger agreement under which TDK will acquire all of the outstanding shares of common stock of HTI for base consideration of US$3.62 per share, plus additional consideration of up to US$0.38 per share, depending on the level of cash (subject to certain adjustments) less any outstanding borrowings on HTI's revolving line of credit ("net cash") held by HTI as of the last day of the fiscal month immediately... More
