International manufacturer of electronic instruments Ametek Inc.,of Berwyn, Pa., and has signed a merger agreement with Minneapolis-based Mocon Inc.,a provider of laboratory and field gas analysis instrumentation to research laboratories.
Under the deal, Ametek (NYSE: AME) will acquire all of the outstanding shares of common stock of Mocon (NASDAQ: MOCO) at a price of $30 per share in cash, or which represents a premium of 39 percent to Mocon’s closing share price on April 13.
The aggregate value…
Source: bizjournals.com