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Slide #19. Entegris, Inc. — ATMI
Entegris, Inc. (NASDAQ:ENTG)
Entegris, Inc. (Nasdaq:ENTG) today announced that it intends to raise $360 million in gross proceeds through an offering of senior unsecured notes due 2022. The net proceeds from the notes offering will be used to fund a portion of the purchase price for Entegris' previously announced proposed acquisition of ATMI, Inc. The consummation of the notes offering is subject to market and other conditions.
Entegris is a supplier of materials and process solutions for the semiconductor and other high-technology industries. Co.'s segments are: Specialty Chemicals and Engineered Materials, which provides high-purity process chemistries, gases and materials, and delivery systems to support semiconductor and other manufacturing processes; Microcontamination Control, which provides solutions to filter and purify critical liquid chemistries and gases used in semiconductor manufacturing processes and other industries; and Advanced Materials Handling, which develops solutions to monitor, protect, transport and deliver critical liquid chemistries, wafers and other substrates for a set of applications.
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Buy (3.00 out of 4)