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Skyworks to acquire PMC-Sierra for $2B

2015-10-06 12:09:20| Electronics - Topix.net

Skyworks Solutions has agreed to buy PMC-Sierra for $2B in cash to expand its portfolio, customer base and end market applications. PMC shareholders will get $10.50 per share, representing a 37% premium to the stock's closing price of $7.69 on Monday.

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