Photon Control Obtains Final Order for Plan of Arrangement
VANCOUVER, British Columbia, July 05, 2021 (GLOBE NEWSWIRE) -- Photon Control Inc. ( Photon Control or the Company ) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement (the Arrangement ) with MKS Instruments, Inc. ( MKS ), pursuant to which MKS, through its wholly-owned subsidiary 1302998 B.C. Ltd. ( B.C. Ltd. ), will acquire all of the issued and outstanding shares of Photon Control in an all-cash transaction (the Transaction ) valued at approximately $387 million.
Photon Control Obtains Final Order for Plan of Arrangement
VANCOUVER, British Columbia, July 05, 2021 (GLOBE NEWSWIRE) -- Photon Control Inc. ( Photon Control or the Company ) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement (the Arrangement ) with MKS Instruments, Inc. ( MKS ), pursuant to which MKS, through its wholly-owned subsidiary 1302998 B.C. Ltd. ( B.C. Ltd. ), will acquire all of the issued and outstanding shares of Photon Control in an all-cash transaction (the Transaction ) valued at approximately $387 million.