Rogers Corporation (NYSE:ROG) acquired Diversified Silicone Products, Inc. for $60 million on January 6, 2017. The buyer used cash at hand and $30 million in borrowings under their existing credit facility to fund the purchase. As on December 31, 2016 Diversified Silicone reported revenues of $20 million. Rogers Corporation expects the transaction to be accretive to 2017 earnings per share. Rogers Corporation (NYSE:ROG) completed the acquisition of Diversified Silicone Products, Inc. on January 6, 2017.