Flexible Electronics News

Merck Extends Offer for AZ Electronic Materials to May 2

Merck reiterates commitment to completing the offer as early as possible

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck announced that the timetable of its recommended cash offer for AZ Electronic Materials (AZ) has been extended by another two weeks as anti-trust clearance by the Ministry of Commerce of the People’s Republic of China (MOFCOM) is pending. Discussions with MOFCOM are continuing, and Merck is focusing its efforts on obtaining Chinese anti-trust clearance as quickly as possible. Since the previous announcement was issued on March 14, 2014, MOFCOM has raised certain specific concerns that Me...

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