Molex to be acquired for $7.2B

|About: Molex Incorporated (MOLX)|By:, SA News Editor

Koch Industries has agreed to acquire electronic components company Molex (MOLX) for $7.2B, with the $38.50-a-share offer representing a 31% premium to the latter's closing price of $29.34 on Friday.

Molex shares have been halted. (PR)