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Integrated Silicon Solution (ISSI) Stock Falls After Agreeing to Cypress Semiconductor Merger

2015-06-11 01:55:20| IT Services - Topix.net

Following the agreement, other firms looking to acquire ISSI like Chinese private equity firm Uphill Investment have four days to outbid Cypress' offer of $672 million or $20.25 per share. Uphill's original offer of $639 million or $19.25 was topped by Cypress which said that it will comply with regulator's conditions for the merger's approval.

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