Spectra-Physics Panel Neutral on Tender Offer
MOUNTAIN VIEW, Calif., Dec. 3 -- Spectra-Physics Inc. said a special committee of its board of directors has expressed no opinion and is remaining neutral about Thermo Electron Corp.'s unsolicited tender offer for all of the outstanding shares of Spectra-Physics' common stock that Thermo Electron and its subsidiaries do not currently own for $17.50 per share in cash. Consequently, the company said, stockholders should make their own decisions on whether to tender their shares and accept the offer, based on all of the available information, including the factors considered by the special committee.
LATEST NEWS
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024
- One-Step Hologram Generation Speeds 3D Display Creation
Apr 24, 2024
- Innovation Award Winners for Laser Technology Honored in Aachen
Apr 23, 2024
- Intech 2024: AI Arrives on the Shop Floor
Apr 22, 2024