Wells Fargo Can't Rule Out Competing Bids for Ceradyne (CRDN)

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3M (MMM) to Acquire Ceradyne (CRDN) for $35/Share

October 1, 2012 7:31 AM EDT

3M (NYSE: MMM) and Ceradyne, Inc. (NASDAQ: CRDN) announced today that they have entered into a definitive agreement for 3Ms acquisition of Ceradyne, Inc. for $35.00 per share. The proposed transaction has an aggregate value of approximately $860 million, or approximately... More