M&A
confidence high
sentiment positive
materiality 0.75
Rogers shareholders approve DuPont acquisition at $277 per share; expected close Q2 2022
ROGERS CORP
- Shareholders voted 15,425,533 for (99.97% of votes cast) to approve the merger agreement.
- Non-binding advisory vote on golden parachute compensation was not approved (12,586,868 against).
- Transaction valued at $277 per share in cash; HSR waiting period expired; closing subject to non-U.S. regulatory approvals.
- Companies expect transaction to close by end of Q2 2022.