Lexmark International Inc. shares rallied in the extended session Tuesday after the printer and software company agreed to be acquired by Apex Technology Co. and PAG Asia Capital for $3.6 billion in cash. Lexmark shares jumped 13% to $39 after hours. Under the agreement, Apex and PAG will acquire Lexmark for $40.50 a share in cash. The companies expect the deal to close by the second half of 2016.
Copyright © 2016 MarketWatch, Inc.
Continue Reading Below