Versum Jilts Entegris At The Altar, Runs Off With Merck KGaA | Value Investing News

Versum Jilts Entegris At The Altar, Runs Off With Merck KGaA

  • When last we left Versum(VSM), the Air Products(APD) spinoff was insisting it was sticking by its merger agreement with Entegris(ENTG), come Hell or high water.
  • Versum had dismissed Merck KGaA’s(MKKGY) all cash $48 a share bid, and Merck was preparing to go hostile.
  • Fast forward a month, and the hostilities have ended with Versum firmly in Merck’s arms… Read More »
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