EnerSys To Acquire Ultralife For $16.00/Share In Cash At Total Value Of ~$320M
Ultralife Corporation (NASDAQ:ULBI) today announced that it has entered into an Agreement and Plan of Merger ("merger agreement") with EnerSys (NYSE:ENS) under which upon closing EnerSys will acquire Ultralife
EnerSys is buying Ultralife, a battery company, for sixteen dollars per share. When one company buys another, watch if the buyer is getting a good deal and staying strong.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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