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Ametek Inc To Acquire Zygo Corporation

Friday, 11 Apr 2014 08:30am EDT 

Ametek Inc and Zygo Corp:Says they have entered into a definitive merger agreement under which AMETEK will acquire Zygo at a purchase price of $19.25 per share in cash.The aggregate enterprise value of the transaction is about $280 mln.The transaction was unanimously approved by the Board of Directors of Zygo.Transaction is expected to be completed towards the end of the second quarter of calendar 2014. 

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0.17 +0.33%
4:06pm EDT