Spectra-Physics Announces Cash Tender Offer by Thermo Electron
MOUNTAIN VIEW, Calif., August 22, 2001 – MOUNTAIN VIEW, Calif., August 22, 2001 – Spectra-Physics, Inc. announced today that its majority stockholder, Thermo Electron Corporation, has announced plans to take Spectra-Physics private at a cash price of $20.00 per share. Thermo Electron stated in a news release issued yesterday that it expects to initiate a cash tender offer by the end of September 2001, for any and all outstanding shares of Spectra-Physics common stock held by minority stockholders. As of July 31, 2001, Thermo Electro...