MKS Instruments (MKSI) Declares $0.20 Quarterly Dividend; 1.2% Yield
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MKS Instruments (MKSI) to Acquire Electro Scientific (ESIO) in $1 Billion Deal
October 30, 2018 7:03 AM EDTMKS Instruments, Inc. (NASDAQ: MKSI) (MKS), a global provider of technologies that enable advanced processes and improve productivity, and Electro Scientific Industries, Inc. (NASDAQ: ESIO) (ESI), an innovator in laser-based manufacturing solutions for the micro-machining industry, today announced that they have entered into an agreement for MKS to acquire ESI for $30.00 per share. The all-cash transaction is valued at approximately $1 billion.
The combined company is expected to have approximately $2.2 billion in pro forma annual revenue, based on the two companies' calendar 2017 historical results. The transaction is... More
