Printed Circuit Board Merger Makes TTM Bigger Player

By | September 22, 2014

Scalper1 News

The printed circuit board industry just got a little smaller, while one of its major players got a lot bigger. TTM Technologies (TTMI) said Monday that it plans to acquire Viasystems Group (VIAS) in a transaction worth more than $900 million. According to the company’s news release, TTM will acquire all outstanding shares of Viasystems for $11.33 in cash and 0.706 shares of TTM stock, which — based on the closing price on Sept. 19 — was valued at Scalper1 News

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