Flexible Electronics News

Intermolecular Stockholders Approve Acquisition by Merck KGaA

The transaction is expected to close in the second half of 2019.

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By: Anthony Locicero

Copy editor, New York Post

Merck KGaA, Darmstadt, Germany announced that its proposed transaction with Intermolecular, Inc. was approved by the stockholders of Intermolecular at a special meeting held on July 17, 2019.     On May 6, 2019, Merck KGaA signed a definitive agreement to acquire Intermolecular through a subsidiary for $1.20 per share in an all-cash transaction, representing an equity value of approximately $62 million.   “Uniting our existing strength in the materials business with Intermolecular’s uniq...

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