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Other (income) expense, net
9 Months Ended
Sep. 26, 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 nine months ended September 26, 2020 and September 28, 2019 consists of the following:
 Three months endedNine months ended
(In thousands)September 26, 2020September 28, 2019September 26, 2020September 28, 2019
Versum termination fee, net$— $— $— $(122,000)
(Gain) loss on foreign currency remeasurement(2,881)701 (4,213)(222)
Loss on extinguishment of debt908 — 2,378 — 
Other, net221 233 484 893 
Other (income) expense, net$(1,752)$934 $(1,351)$(121,329)
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.