Home › Atmel Says Microchip Offer Superior to Dialog Semiconductor
 

Keywords :   


Atmel Says Microchip Offer Superior to Dialog Semiconductor

2016-01-14 15:09:00| Electronics - Topix.net

Atmel Corp.'s board said an unsolicited bid from Microchip Technology Inc. is a "superior proposal" to the terms of the merger agreement it had signed with Dialog Semiconductor Plc last year. The binding offer from Microchip is for $8.15 a share, with $7 in cash and a fraction of a share of Microchip common stock valued at $1.15 based on a 10-day average closing price, Atmel said in a statement Wednesday.

Tags: offer superior dialog semiconductor

Category:Electronics and Electrical

Latest from this category

All news
»
18.06Potential Tropical Cyclone One Graphics
18.06Potential Tropical Cyclone One Public Advisory Number 3A
18.06Summary for Potential Tropical Cyclone One (AT1/AL012024)
18.06Post Office sabotaged Horizon probe, says investigator
18.06Atlantic Tropical Weather Outlook
18.06Eastern North Pacific Tropical Weather Outlook
18.06Farm Progress America, June 18, 2024
18.06Farm Progress America, June 18, 2024
More »