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Other (income) expense, net
6 Months Ended
Jun. 27, 2020
Other Income and Expenses [Abstract]  
Other Income and Other Expense Disclosure [Text Block] OTHER (INCOME) EXPENSE, NET
Other (income) expense, net for the three and six months ended June 27, 2020 and June 29, 2019 consists of the following:
 Three months endedSix months ended
(In thousands)June 27, 2020June 29, 2019June 27, 2020June 29, 2019
Versum termination fee, net$—  $(122,000) $—  $(122,000) 
Gain on foreign currency remeasurement(1,973) (203) (1,333) (923) 
Loss on extinguishment of debt1,470  —  1,470  —  
Other, net26  188  264  660  
Other (income) expense, net$(477) $(122,015) $401  $(122,263) 
Versum termination fee, net
On January 28, 2019, the Company and Versum Materials, Inc. (“Versum”) announced that they had entered into an Agreement and Plan of Merger, dated as of January 27, 2019 (the “Merger Agreement”), pursuant to which they agreed to combine in a merger of equals. On April 8, 2019, Versum announced that its Board of Directors had received a proposal from Merck KGaA to acquire Versum and that its Board of Directors had deemed such proposal as a “Superior Proposal,” as defined in the Merger Agreement. On April 12, 2019, the Company received a termination notice from Versum terminating the Merger Agreement. In accordance with the terms of the Merger Agreement, Entegris received a $140.0 million termination fee from Versum in the second quarter of 2019. Also in the second quarter of 2019, the Company paid a fee of $18.0 million to the third-party financial adviser it had engaged to assist with the transaction.