Asyst Technologies Inc. (ASYT) announced that it has received an unsolicited letter from Aquest Systems Corp., expressing an interest in exploring a potential acquisition of the company for $6.50 in cash per share.
The company said its Board of Directors is reviewing the expression of interest in consultation with its financial and legal advisors. Asyst Board has requested information from Aquest to substantiate a potential acquisition, including the availability and sources of committed financing.
At present, the Board has made no determination with regard to the Aquest proposal or a potential sale of the Company, Asyst added.
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