Latham & Watkins Guides Koch Bros.' $7.2B Molex Buy

Law360, New York (September 9, 2013, 1:06 PM EDT) -- Billionaire brothers David and Charles Koch plan to buy Illinois-based Molex Inc. for $7.2 billion, a deal that marks their first foray into fiber optics and provides an important leg up in the global electronics market, Koch Industries Inc. representatives said Monday.

Koch Industries will pay $38.50 per Molex share in cash, a 31 percent premium to Molex's common stock price at Friday's closing. Under the deal, Molex will keep its name, its headquarters in Lisle, Ill., and its current management, as a wholly owned subsidiary...
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