Spotlight: Hicks Muse Affiliate to Purchase Zycon

An unidentified affiliate of Dallas-based leveraged-buyout firm Hicks, Muse, Tate & Furst Inc. agreed to buy Zycon Corp. for $179.6 million, the firm’s third recent plan to purchase a circuit board maker. The affiliate would pay $16.25 a share for Santa Clara-based Zycon, whose shares surged $3.50 to $16 on Nasdaq. In October, Hicks Muse bought Montreal-based Circo Craft Co. for $124.1 million and has completed the $200-million purchase of Lucent Technologies Inc.’s circuit board business.