MKS Instruments Inc. News
Atotech Agrees to Takeover by MKS for $5.1 Billion of Cash and Stock
Scientific instruments provider MKS agreed to pay $16.20 cash plus 0.0552 of its shares for each share of chemical technology company Atotech.
Premarket Movers Thursday: CureVac, Walgreens, Micron
Stocks moving in premarket trading Thursday include CureVac, Walgreens Boots Alliance, Micron Technology, Didi Global and Atotech.
Coherent Chooses II-VI Bid; Lumentum Says Its Offer Is Superior
II-VI won the bidding war for laser-tech provider Coherent. Lumentum, the loser in the battle, said its offer was better.
Coherent Calls Latest II-VI Bid Superior to Prior Proposals
II-VI lifted its bid for Coherent to a mix of $220 cash and 0.91 share for each Coherent shares. Coherent says the bid is superior to prior proposals.
Coherent Climbs as Lumentum Raises Bid to $6.9 Billion
Coherent shareholders would receive $220 per share in cash and 0.61 shares of Lumentum for each share of Coherent they own.
MKSI Abandons Quest to Purchase Laser Company Coherent
MKSI's decision came after Coherent chose the acquisition proposal of II-VI over Coherent and Lumentum. MKSI shares fell.
Coherent Reportedly Seeks Final Bids From II-VI, MKS Next Week
Coherent is the prize in a bidding war among MKS Instruments, II-VI and Lumentum. It seeks final bids from MKS and II-VI next week, a report says.
Coherent Gets Third Buyout Bid, This Time From II-VI
Three companies are fighting to acquire Coherent, the laser seller.
Amazon Plans New 'Prime Early Access' Event in Race For Holiday Market Share
Prime Early Access will offer "deep discounts on top brands" and follow a move by Target to bring forward holiday-focused sales.
Las Vegas Sands Stock Leaps As Macau Eases Covid-Era Gaming Visit Restrictions
Macu, the world's largest gaming hub and a key source of U.S. casino operators revenues, will begin allowing tour visits in November.
Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus
Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.
Alphabet CEO Pichai Continues to Sound Alarm About the Economy
The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.