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Wednesday, 05/24/2017 11:26:28 PM

Wednesday, May 24, 2017 11:26:28 PM

Post# of 183214
What was the SS of Newport when it got bought out?

https://www.fool.com/investing/general/2016/02/23/why-newport-corp-stock-skyrcoketed.aspx

Shares of Newport Corp. (NASDAQ:NEWP) jumped more than 50% early Tuesday after the photonics technology company agreed to be acquired by MKS Instruments.

So what: Specifically, MKS will acquire Newport in an all-cash deal for $23 per share, valuing the company at roughly $980 million, and representing a roughly 53% premium to Monday's closing price. Based on the two companies' 2015 results, that will put the combined company at roughly $1.4 billion in pro forma annual revenue.
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