Veeco $815m acquisition of Ultratech hit by shareholder lawsuit
Semiconductor equipment manufacturer Ultratech has been served with a class action lawsuit by investors over its $815m acquisition by process equipment solution provider Veeco Instruments. The investors claim that the company neglected to provide enough information on the deal to shareholders.
By Martin O'Sullivan (March 20, 2017, 2:46 PM EDT) -- Ultratech Inc. investors have hit the company, which makes equipment for businesses that manufacture semiconductors, with a proposed class action in California federal court over the company's $815 million acquisition by Veeco Instruments Inc., saying shareholders were not given enough information on the deal....

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