Tuesday, 02 January 2024 12:17 GMT

VECO Alert: Monsey Firm Of Wohl & Fruchter Investigating Fairness Of The Proposed Merger Of Veeco Instruments With Axcelis Technologies


(MENAFN- GlobeNewsWire - Nasdaq) MONSEY, N.Y., Dec. 09, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Veeco Instruments, Inc. (Nasdaq: VECO) (“Veeco”) with Axcelis Technologies (“Axcelis”) in an all-stock transaction under which Veeco stockholders will receive 0.3575 shares of Axcelis common stock for each share of Veeco common stock that they own (“Exchange Ratio”).

Notably, the Exchange Ratio is fixed and will not be adjusted for changes in the market price of either Axcelis common stock or Veeco common stock between the dates of signing of the merger agreement and completion of the merger.

Consequently, since the price of Axcelis common stock has fallen since the proposed merger was announced on October 1, 2025, Veeco's stock price has also fallen from a close of $33.08 per share on October 1, 2025 to a close of $32.14 per share on December 8, 2025, thus making the merger less appealing to Veeco shareholders.

If you remain a Veeco shareholder and have concerns about the fairness of the proposed merger, including the fixed Exchange Ratio, you may contact our firm at the following link to discuss your legal rights at no charge:

Alternatively, you may contact us by phone at 866-833-6245, or via email at ....

About Wohl & Fruchter
Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, , to learn more about our Firm, or contact one of our partners.

Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
...


MENAFN09122025004107003653ID1110459241



GlobeNewsWire - Nasdaq

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search