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Fairchild says China Resources offer seen 'superior' to ON

2016-01-06 02:48:40| Electronics - Topix.net

Fairchild Semiconductor International said a revised takeover proposal from a group led by China Resources Holdings and Hua Capital Management would "reasonably be expected" to lead to a "superior" offer for the company. The board's decision opens the door for the two groups to start talking to each other, the San Jose-based semiconductor company said in a statement Tuesday.

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Category:Electronics and Electrical

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