Cohu (COHU) Tops Q1 EPS by 3c
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Cohu (COHU) Reports Agreement to Acquire Xcerra Corporation (XCRA) for Approx. $796M
May 8, 2018 5:43 AM EDTCohu, Inc. (NASDAQ: COHU) and Xcerra Corporation (NASDAQ: XCRA) today announced they have entered into a definitive merger agreement pursuant to which Cohu will acquire Xcerra for a combination of cash and stock. The acquisition is expected to make Cohu a global leader in semiconductor test, with combined sales for Cohu and Xcerra in excess of $800 million for the last twelve months.
Upon the closing of the transaction, Xcerra shareholders will be entitled to receive $9.00 in cash and 0.2109 of a share of Cohu common... More
