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Monday, April 8, 2019

Entegris ‘does not currently intend to propose to revise’ Versum merger terms

Entegris (ENTG) issued the following statement earlier regarding Versum Material’s (VSM) determination that Merck KGaA’s (MKGAY) revised proposal constitutes a “Superior Proposal” under the terms of the previously announced merger agreement with Entegris: “Entegris has considered its options and does not currently intend to propose to revise the terms of the Entegris-Versum merger of equals.”

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