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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

$3.4 Billion Merger

Shareholders say in a federal class action that directors are selling Orbotech too cheaply through an unfair process to KLA-Tencor Corp., for $38.86 a share plus ¼ of a share of Tencor for each Orbotech share, a $3.4 billion merger.

WILMINGTON, Del. — Shareholders say in a federal class action that directors are selling Orbotech too cheaply through an unfair process to KLA-Tencor Corp., for $38.86 a share plus ¼ of a share of Tencor for each Orbotech share, a $3.4 billion merger.

Categories / Securities, Technology

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