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		<title>Electro Scientific Industries Inc (NASDAQ:ESIO)</title>
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		<pubDate>Tue, 16 Dec 2008 05:17:06 +0000</pubDate>
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				<category><![CDATA[Activist Investors]]></category>
		<category><![CDATA[David Nierenberg]]></category>
		<category><![CDATA[Electro Scientific Industries Inc (NASDAQ:ESIO)]]></category>
		<category><![CDATA[Nierenberg Investment Management]]></category>
		<category><![CDATA[Stocks]]></category>
		<category><![CDATA[Zygo Corporation (NASDAQ:ZIGO)]]></category>
		<category><![CDATA[Activist investment]]></category>

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		<description><![CDATA[Electro Scientific Industries Inc (NASDAQ:ESIO) is one of the more complex undervalued asset plays we&#8217;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 [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&#038;blog=5581605&#038;post=339&#038;subd=greenbackd&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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