• There are plenty of reasons to see synergies in the combination of the two firms, both short term and longer term.
• While Versum has attractive margins, it seems to be hitting a little soft patch in demand in Q1. Entegris’ Q1 preliminary results were pretty good.
• After a considerable bounce from the December lows, we also don’t find either stock really compelling from a valuation point of view.

Source: Entegris’ Sensible Merger With Versum Materials – Entegris, Inc. (NASDAQ:ENTG) | Seeking Alpha