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Cray Inc Completes Acquisition of Appro International Inc


Wednesday, 21 Nov 2012 04:53pm EST 

Cray Inc announced it has completed the previously announced transaction to acquire Appro International, Inc. The aggregate merger consideration paid by Cray was approximately $21.8 million in cash, which reflects approximately $3.2 million in deductions from the previously-announced $25 million purchase price (for certain transaction expenses paid and working capital adjustments) that were made in connection with the acquisition. The agreement was previously announced on Nov. 9, 2012. 

Company Quote

26.24
-0.03 -0.11%
4:00pm EDT