Berg Electronics Corp. (St. Louis, MO) and Framatome Connectors International (Paris) announced a
Oct. 1, 1998
Berg Electronics Corp. (St. Louis, MO) and Framatome Connectors International (Paris) announced a definitive merger agreement pursuant to which Framatome will acquire all outstanding shares of Berg common stock at a price of $35 per share in cash. The deal represents an aggregate transaction value of approximately $1.8 billion, including the assumption of outstanding debt. The Berg board of directors unanimously approved the acquisition and recommended that Berg stockholders accept the tender offer and approve and adopt the merger agreement.
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