- Ultratech (NASDAQ:UTEK +8.7%) shareholders to receive $21.75 per share in cash and 0.2675 of a share of Veeco Instruments (VECO -3.1%) common stock per outstanding Ultratech share.
- Factoring yesterday's close, deal consideration is valued at roughly $28.64 per share of Ultratech. Ultratech shareholders are expected to own approximately 15% of the merged company.
- Immediate accretion to non-GAAP EPS anticipated.
- Conference call
- Press release
- Presentation