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Offers $48 in cash per share and solicits votes on definitive proxy statement.
March 27, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Merck KGaA, Darmstadt, Germany, commenced a cash tender offer to acquire all outstanding shares of Versum Materials, Inc. for $48 per share, without interest and less any withholding taxes. In addition, Merck KGaA announced that it has filed definitive proxy materials with the US Securities and Exchange Commission in connection with its solicitation against the Entegris acquisition of Versum and that it has commenced mailing its definitive proxy materials, including a GREEN proxy card. I...
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