Xcerra to be bought by Unic Capital for $10.25/share

|About: Xcerra Corporation (XCRA)|By:, SA News Editor

Xcerra (NASDAQ:XCRA) agrees to be acquired by P-E firm Unic Capital Management for $10.25/share in cash; shares are halted.

The offer represents a 13.9% premium to Friday's closing price and a ~16% premium to XCRA's average closing price over the 30 trading day period ending April 7.

The deal includes a 35-day "go-shop" period continuing through May 12.