HOLI - Dazheng-Led Consortium Raises Hollysys Automation Acquisition Bid to $1.8B Offers 9% Increase | Benzinga
Hollysys Automation Technologies Ltd (NASDAQ: HOLI) shares are trading higher today as the company got an increased acquisition offer from a buyer Consortium led by Dazheng Group Acquisition Limited.
The consortium intends to buy HOLI for $29.00 per share or about $1.8 billion in cash.
The acquisition cost represents a 55.5% premium to ...