Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Newport Corporation (NASDAQ: NEWP) acted responsibly on behalf of investors’ profitability in the planned $980 million sale to MKS Instruments Inc (NASDAQ: MKSI).
On February 23, 2016, Newport Corporation (NASDAQ: NEWP) and MKS Instruments Inc (NASDAQ: MKSI) announced that they had entered into a merger agreement. Under the terms of the merger agreement, MKS Instruments Inc will offer Newport Corporation shareholders $23.00per share in cash for all outstanding shares.
Based in Irvine, CA, and founded in 1938 Newport Corporation provides technology products and systems for scientific research, microelectronics, defense and security, life and health sciences, and industrial markets internationally.
The investigation focuses on whether NASDAQ: NEWP investors received the highest price and whether the directors of Newport Corporation acted in the best interest of Newport Corporation company and its shareholders.
If you purchased Newport Corporation (NASDAQ: NEWP) prior to February 23, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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