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CMC Materials (CCMP) Stock Price Surges 25% on Deal To Be Acquired By Entegris (ENTG) for $6.5 Billion

December 15, 2021 8:17 AM EST

Entegris (NASDAQ: ENTG) announced today it has agreed to takeover CMC Materials (NASDAQ: CCMP) in a $6.5 billion cash and stock deal.

Under the terms of the agreement, CMC Materials shareholders will receive $133.00 in cash and 0.4506... More