Flexible Electronics News

Merck Completes Squeeze-Out of AZ Electronic Materials

All remaining shares of AZ Electronic Materials have been transferred to Merck

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck announced that all remaining shares of AZ Electronic Materials (AZ) have been transferred to Merck on July 2, 2014. Holding 99.84% of the AZ shares already, Merck had exercised its compulsory acquisition right (Squeeze-Out) on June 27, 2014. On May 2, 2014, Merck had announced the official completion of the AZ acquisition, creating a leading solutions provider in the premium segment of high-tech materials and functional specialty chemicals. Merck had made a recommended cash offer of 40...

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