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February 04, 2014 at 13:15 PM EST
Entegris To Buy ATMI
ATMI Inc. (Nasdaq: ATMI) reported lower fourth quarter earnings but the results surpassed analyst expectations and the company announced that it agreed to be acquired by Entegris Inc. (Nasdaq: ENTG) for approximately $1.15 billion. Shares of ATMI leaped $6.87 to $33.80 while Entegris stock rose 98 cents to $11.26.
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