(Reuters) - That breaks up a deal Aeroflex agreed in March to be bought
by private equity firms General Atlantic and Francisco Partners
for $13.50 per share, or about $1 billion overall.
In April, the company got a rival bid from Veritas,
offering shareholders a cash dividend of $14 a share and the
opportunity to take a total stake of up to 21.2 percent of the
restructured company. Veritas in May increased that offer to
$14.50 cash.
Read more at Reuters.com Mergers News
by private equity firms General Atlantic and Francisco Partners
for $13.50 per share, or about $1 billion overall.
In April, the company got a rival bid from Veritas,
offering shareholders a cash dividend of $14 a share and the
opportunity to take a total stake of up to 21.2 percent of the
restructured company. Veritas in May increased that offer to
$14.50 cash.
Read more at Reuters.com Mergers News
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