Entegris, Ing (ENTG) Announces Public Offering of 14M Shares.
Entegris, Inc. (Nasdaq: ENTG), announced fresh public offerings. Entegris is a provider of products for purifying, protecting and transporting critical materials used in processing and manufacturing in the semiconductor and other high-tech industries. The company announced 14M shares of its common stock at a price of $3.80 per share. The offering reflected an additional 2.0M shares from the previously announced offering size of 12.0M shares. The Company intends to use the net proceeds from the offering to reduce the outstanding borrowings under its credit agreement. The transaction is expected to close on or about September 16, 2009.
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