Company News For Mar 20, 2018

• Shares of Orbotech Ltd. surged 6.8% after the company entered into an agreement with KLA-Tencor Corporation (KLAC) to be acquired by the latter for $3.4 billion
• V.F. Corporation’s (VFC - Free Report) shares declined 1.8% after the company entered into a deal with Authentic Brands to sell its Nautica brands business unit to the latter
• Micro Focus International plc’s shares tanked 47% following news that its CEO Chris Hsu had resigned and would be replaced by its COO Stephen Murdoch
• Shares of CSRA Inc. increased 0.9% after CACI International (CACI) offered to merge with the company in a deal valued at $44 per share in cash and stock

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