Thieler Law Corp Announces Investigation of proposed Sale of Ultratech Inc (NASDAQ: UTEK) to Veeco Instruments Inc (NASDAQ: VECO)

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Ultratech Inc (NASDAQ: UTEK) acted responsibly on behalf of investors’ profitability in the planned $815 million sale to Veeco Instruments Inc (NASDAQ: VECO).

On February 6, 2017, Ultratech Inc (NASDAQ: UTEK) and Veeco Instruments Inc (NASDAQ: VECO) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Ultratech shareholders will receive $21.75 per share in cash and 0.2675 of a share of Veeco common stock for each Ultratech common share they own.

Based in San Jose, CA, and founded in 1979 Ultratech Inc develops, manufactures, and markets photolithography, laser thermal processing, and inspection equipment.

The investigation focuses on whether NASDAQ: UTEK investors received the highest price and whether the directors of Ultratech Inc acted in the best interest of Ultratech Inc company and its shareholders.   

If you purchased Ultratech Inc (NASDAQ: UTEK) prior to February 6, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

Thieler Law Corp

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