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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Electro Scientific Industries, Inc. (NASDAQGS: ESIO) to MKS Instruments, Inc. (NASDAQGS: MKSI). Under the terms of the transaction, Electro Scientific shareholders will receive $30 per share.
The Electro Scientific merger investigation concerns whether the Board of Electro Scientific breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether MKS Instruments, Inc. is underpaying for Electro Scientific shares, thus unlawfully harming Electro Scientific shareholders.
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