Skadden Aids Toray On $584M Deal For Carbon Fiber Maker
Toray will pay Zoltek stockholders $16.75 per share in the deal. Shares of Zoltek, which bottomed out at $6.02 in November, had risen as high as $19.09 this week as deal speculation intensified.
Zoltek makes and sells so-called large tow carbon fibers, which are usually combined with other materials and are used in...
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