VECO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Veeco Instruments With Axcelis Technologies
VeecoVeeco(US:VECO) Globenewswire·2025-12-09 17:05

Group 1 - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed all-stock merger between Veeco Instruments, Inc. and Axcelis Technologies, where Veeco shareholders will receive 0.3575 shares of Axcelis common stock for each share of Veeco common stock they own [1] - The Exchange Ratio is fixed and will not be adjusted for market price changes of either company's stock between the signing of the merger agreement and its completion [2] - Since the announcement of the merger on October 1, 2025, the price of Axcelis common stock has decreased, leading to a decline in Veeco's stock price from $33.08 per share to $32.14 per share by December 8, 2025, making the merger less attractive for Veeco shareholders [3]

VECO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Veeco Instruments With Axcelis Technologies - Reportify