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BRIEF-Cohu to buy Xcerra for total enterprise value of about $627 mln

BRIEF-Cohu to buy Xcerra for total enterprise value of about $627 mln

Cohu Inc:

* COHU TO ACQUIRE XCERRA CREATING GLOBAL LEADER IN BACK-END SEMICONDUCTOR EQUIPMENT

* XCERRA SHAREHOLDERS WILL BE ENTITLED TO RECEIVE $9.00 IN CASH AND 0.2109 OF A SHARE OF COHU COMMON STOCK

* TRANSACTION VALUES XCERRA AT $13.92 PER SHARE, OR APPROXIMATELY $796 MILLION IN EQUITY VALUE

Source: www.reuters.com/article/brief-cohu-to-buy-xcerra-for-total-enter/brief-cohu-to-buy-xcerra-for-total-enterprise-value-of-about-627-mln-idUSASC0A0BG

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