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Atmel receives hostile offer amid Dialog merger

2015-12-12 04:14:49| Semiconductors - Topix.net

Atmel Corp., which is in talks to merge with Dialog Semiconductor PLC, has received a hostile buyout offer, the company said Friday. Under the terms of the proposal, Atmel stockholders would get $9 a share or, instead of the cash, could opt for as much as $1 billion in the buyer's shares.

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