DuPont (DD) Tops Q3 EPS by 2c
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DuPont Announces Acquisition of Rogers Corporation
November 2, 2021 6:00 AM EDTRogers Shareholders to Receive $277 Per Share in Cash
CHANDLER, Ariz.--(BUSINESS WIRE)-- Rogers Corporation (NYSE: ROG) announced today that it has entered into a definitive merger agreement to be acquired by DuPont (NYSE: DD) in an all-cash transaction that values Rogers at approximately $5.2 billion.
The transaction delivers substantial value to Rogers shareholders, who will receive $277 in cash per share, representing a 33% premium over Rogers closing share price on November 1, 2021, and a 46% premium to the 1-month volume weighted average share price.
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