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Veeco Instruments, Axcelis to merge in $4.4B deal (VECO:NASDAQ)
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4 Articles
Axcelis to Merge with Veeco in $4.4B All-Stock Semiconductor Deal - USA Herald
In a blockbuster semiconductor shakeup, Axcelis Technologies Inc. announced Wednesday it will merge with Veeco Instruments Inc. in an all-stock deal valued at roughly $4.4 billion, aiming to forge a new powerhouse in semiconductor production equipment. The Deal Structure Under the agreement, Veeco shareholders will receive 0.3575 Axcelis shares for each Veeco share. Once finalized, Axcelis investors will own about 58% of the merged entity, while…
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