Berg Electronics Corp. (St. Louis, MO) and Framatome Connectors International (Paris) announced a

Berg Electronics Corp. (St. Louis, MO) and Framatome Connectors International (Paris) announced a definitive merger agreement pursuant to which Framatome will acquire all outstanding shares of Berg common stock at a price of $35 per share in cash. The deal represents an aggregate transaction value of approximately $1.8 billion, including the assumption of outstanding debt. The Berg board of directors unanimously approved the acquisition and recommended that Berg stockholders accept the tender offer and approve and adopt the merger agreement.

Sign up for our eNewsletters
Get the latest news and updates
Sponsored
The demands reshaping digital infrastructure are pushing optical communications into a new era of innovation. AI infrastructure is forcing engineers to rethink how data moves ...
A new wave of investment is creating thousands of new job opportunities throughout the southern United States as we migrate from an information-based economy to an AI-powered ...