Electro-Sensors to be Acquired by steute Technologies for $8.9 Million in a Cash Deal
Electro-Sensors, Inc. (ELSE) entered a merger agreement on April 21, 2026, to be acquired by steute Technologies GmbH & Co. KG. in an all-cash deal valued at $8.9 million. Deal…
Written byAsif SuriaSource: InsideArbitrage
Electro-Sensors, Inc. (ELSE) entered a merger agreement on April 21, 2026, to be acquired by steute Technologies GmbH & Co. KG. in an all-cash deal valued at $8.9 million. Deal Structure: Shareholders of Electro-Sensors will receive $7.75 in cash per share of common stock, representing a premium of 74.94% from the stock’s last close. Company