I can't believe Tesla is not intersted in EEScam's stacking effect, polymer ed, and disruptive cap technology (sarcasm).
Maxwell Technologies Inc. MXWL, +3.02% said Monday it has agreed to be acquired by Tesla Inc. TSLA, -0.29% in a deal that values the batter maker at about $218 million. The stock deal values Maxwell shares at $4.75 each, a 55% premium to Friday's closing price of $3.07. With about 45.9 million shares outstanding, the bid would imply a market capitalization of $217.9 million. Under terms of the deal, each Maxwell share will be exchanged for a fraction of Tesla shares, which would be valued at $4.75. Maxwell's stock was halted for news, while Tesla shares slipped 0.1% in premarket trade. Over the past three months, Maxwell shares have dropped 4.4%, Tesla's stock has shed 9.9% and the S&P 500 SPX, +0.09% has eased 0.6%.