MKS Instruments Inc. (Nasdaq: MKSI) will acquire Newport Corp. (Nasdaq: NEWP) in an all cash transaction valued at approximately $980 million. Shares of Newport leaped $7.74 to $22.78 while MKS Instruments stock dropped $1.57 to $32.04.
Newport to be acquired
February 23, 2016 at 12:18 PM EST
