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Microchip Drops Plan for CSR Bid After Qualcomm Reaches Deal

2014-11-17 10:38:26| Semiconductors - Topix.net

Microchip Technology Inc. said it doesn't plan to make an offer for CSR Plc, the U.K. chipmaker that agreed to be bought by Qualcomm Inc. a month ago for about $2.4 billion. Microchip said it has terminated discussions regarding an approach for CSR, according to a statement today.

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