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Asyst says unsolicited offer was previously rejected
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Asyst Technologies has said that an unsolicited offer had been
rejected by its board of directors for all shares in the company. Asyst
said that Gores Group and Aquest Systems’ offer was inadequate and
significantly undervalued the company.
Merrill Lynch was said to be acting as financial advisor and Baker & McKenzie, LLP, as legal advisor to Asyst.