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Murata To Acquire Peregrine Semiconductor For $12.50 Per Share In Cash

2014-08-25 07:44:58| rfglobalnet Home Page

Murata Electronics North America, Inc., a wholly owned subsidiary of Murata Manufacturing Co., Ltd., (TSE/OSE 6981) and Peregrine Semiconductor Corporation (Peregrine) recently announced that they have entered into a definitive agreement under which Murata will acquire all outstanding shares of Peregrine not owned by Murata, for $12.50 per share in cash, or a total transaction value of $471M ($465M excluding Murata’s existing holding).

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