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0.688195991091314 0.692650334075724 0.692650334075724 0.702672605790646 0.694877505567929 0.697104677060134 0.695991091314031 0.695991091314031
Stock impact report

Electro-Sensors, Inc. to be Acquired by steute Technologies

Electro-Sensors, Inc. (ELSE) 
US:NASDAQ Investor Relations: electro-sensors.com/about/investor-info
Company Research Source: PR Newswire
Electro-Sensors shareholders to receive $7.75 per share in cashMINNETONKA, Minn., April 21, 2026 /PRNewswire/ -- Electro-Sensors, Inc. (Nasdaq: ELSE), a leader in industrial monitoring systems, and steute Technologies GmbH & Co. KG., a portfolio company of investment firm Battery Ventures, announced today that they have entered into a Definitive Agreement and Plan of Merger, pursuant to which steute Technologies will acquire Electro-Sensors. Under the terms of the merger agreement, shareholders of Electro-Sensors will receive $7.75 in cash per share of common stock, which represents a premium of approximately 75% to the closing price of Electro-Sensors common stock on April 20, 2026, the last trading day prior to this announcement. The merger agreement has been unanimously approved by the special committee of the board of directors of Electro-Sensors as well as the full board of directors of the company and is subject to approval by the shareholders of Electro-Sensors and the satisfac Show less Read more
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