Flexible Electronics News

3M Commences Tender Offer for Ceradyne, Inc.

Commenced previously announced tender offer for all outstanding shares at a price of $35.00

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By: DAVID SAVASTANO

Editor, Ink World Magazine

3M announced that its direct wholly owned subsidiary, Cyborg Acquisition Corporation, has commenced its previously announced tender offer for all outstanding shares of common stock of Ceradyne, Inc. at a price of $35.00 per share. The tender offer is being made in connection with the agreement and plan of merger, dated as of Sept. 30, 2012, by and among 3M Company, Cyborg Acquisition Corporation and Ceradyne, Inc., which 3M and Ceradyne announced on Oct. 1, 2012. The board of directors of Cer...

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