Brooks Automation to Purchase Crossing Automation for $63M

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

Brooks Automation, Inc.(Nasdaq: BRKS) announced today that it has entered into a definitive agreementto acquire Crossing Automation Inc. ("Crossing"). Crossing, based inFremont, California, provides automation products primarily to globalSemiconductor Front End markets. The cash purchase price is $63 million,subject to adjustment for actual working capital at closing. The Companyexpects to complete the acquisition by the end of this month upon satisfactionof customary closing conditions.

27% profit every 20 days?

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