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Entegris to acquire CMC Materials in a cash and stock transaction worth $6.5B

Dec. 15, 2021 7:48 AM ETEntegris, Inc. (ENTG)By: SA News Team1 Comment

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  • Entegris (NASDAQ:ENTG) and CMC Materials (NASDAQ:CCMP) announced a definitive merger agreement wherein the former will acquire the latter in a cash and stock transaction with an enterprise value of ~$6.5B.
  • Under agreement terms, CMC Materials shareholders

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Comments (1)

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Expect ENTG to be pressured as leverage increases in raising interest rates environment ! look out for good entry opportunity !
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