VECO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Veeco Instruments With Axcelis Technologies
1. Wohl & Fruchter LLP is investigating Veeco's proposed merger with Axcelis.
2. Veeco shareholders will receive 0.3575 shares of Axcelis per Veeco share.
3. The fixed Exchange Ratio makes the merger less appealing to shareholders.
4. Veeco's stock price has dropped from $33.08 to $32.14 since October 1.
5. Concerns arise over the fairness of the proposed fixed Exchange Ratio.
MONSEY, N.Y., Dec. 09, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Veeco Instruments, Inc. (NASDAQ:VECO) ("Veeco") with Axcelis Technologies ("Axcelis") in an all-stock transaction under which Veeco stockholders will receive 0.3575 shares of Axcelis common stock for each share of Veeco common stock that they own ("Exchange Ratio").
Notably, the Exchange Ratio is fixed and will not be adjusted for changes in the market price of either Axcelis common stock or Veeco common stock between the dates of signing of the merger agreement and completion of the merger.
Consequently, since the price of Axcelis common stock has fallen since the proposed merger was announced on October 1, 2025, Veeco's stock price has also fallen from a close of $33.08 per share on October 1, 2025 to a close of $32.14 per share on December 8, 2025, thus making the merger less appealing to Veeco shareholders.
If you remain a Veeco shareholder and have concerns about the fairness of the proposed merger, including the fixed Exchange Ratio, you may contact our firm at the following link to discuss your legal rights at no charge:
Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.
About Wohl & Fruchter Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.