Merix Corp, Forest Grove, Oregon, formerly the Circuit Board Division of Tektronix Inc, has filed to go public with an initial offer of 3.3m common shares, all of them currently held by Tektronix, which will retain a stake of about 43% after the offering. Target price is between $10.50 and $12.50 a share. Merix is […]
Merix Corp, Forest Grove, Oregon, formerly the Circuit Board Division of Tektronix Inc, has filed to go public with an initial offer of 3.3m common shares, all of them currently held by Tektronix, which will retain a stake of about 43% after the offering. Target price is between $10.50 and $12.50 a share. Merix is well positioned to operate independently and will continue to be a critical supplier to most of Tektronix’s product groups, Tektronix said. Underwriters for the issue are Cowen & Co and Montgomery Securities Inc.
