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Article: Davis Instruments and INOTEK Techonologies Sign Definitive Merger Agreement.
- Article from:
- PR Newswire
- Article date:
- May 16, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BALTIMORE and DALLAS, May 16 /PRNewswire/ --
Davis Instruments, LLC and INOTEK Technologies, Inc. (OTC Bulletin Board: INTK.OB) announced today that they have entered into a definitive merger agreement in which Davis Instruments will acquire all of the outstanding shares of INOTEK. Under the terms of the agreement, INOTEK's shareholders will receive $0.65 in cash for each share of INOTEK stock they own. The aggregate purchase price is approximately $3.2 million.
INOTEK, a Delaware Corporation based in Dallas, Texas, provides end-users and engineering contractors with product sales and calibration/repair servicing of process controls and ...