Cases
Electro Scientific Industries, Inc. (ESIO)
Merger
Overview
Overview
- Date:
- 10/30/2018
- Company Name:
- Electro Scientific Industries, Inc.
- Stock Symbol:
- ESIO
- Company Name - Buyer:
- MKS Instruments, Inc.
- Stock Symbol - Buyer:
- MKSI
- Status:
- Closed/Complete
- Merger Announcement Date:
- 10/30/2018
NEW YORK, October 30, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Electro Scientific Industries, Inc. (NYSE: ESIO) on behalf of stockholders concerning the proposed acquisition of the company by MKS Instruments, Inc. (NASDAQ: MKSI).
Pursuant to the proposed transaction, announced on October 30, 2018 and valued at $1 billion, Electro stockholders will receive $30.00 in cash for each share of Electro common stock owned. The investigation focuses on whether Electro and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Electro shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on October 30, 2018 and valued at $1 billion, Electro stockholders will receive $30.00 in cash for each share of Electro common stock owned. The investigation focuses on whether Electro and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Electro shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.