FSI International Inc. (FSII) announced Monday morning that it agreed to be acquired by Tokyo Electron for $6.20 per share in cash, or an aggregate equity purchase price of approximately $252.5 million.
FSI International gapped open sharply higher Monday, but moved in a narrow range throughout the session. Shares closed up by 2.12 at $6.16 on the highest volume of the year. The stock surged to a new high for the year.
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