Electro Scientific Industries Inc (NASDAQ:ESIO) is one of the more complex undervalued asset plays we’ve dug up, but a worthwhile one to watch nonetheless. ESIO has announced a merger with Zygo Corporation (NASDAQ:ZIGO) and an authorization to buy back $100M in stock (see the October 16 announcement here). Activist investor David Nierenberg of Nierenberg Investment [...]
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Electro Scientific Industries Inc (NASDAQ:ESIO)
Posted in Activist Investors, David Nierenberg, Electro Scientific Industries Inc (NASDAQ:ESIO), Nierenberg Investment Management, Stocks, Zygo Corporation (NASDAQ:ZIGO), tagged Activist investment, David Nierenberg, Electro Scientific Industries Inc (NASDAQ:ESIO), Nierenberg Investment Management, Zygo Corporation (NASDAQ:ZIGO) on December 16, 2008 | 2 Comments »
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