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Cypress Semiconductor Corporation Sends Letter To Board Of Directors...

2015-05-30 06:47:34| Semiconductors - Topix.net

Given that our proposal is financially superior, has significantly less closing risk than the consortium's proposal , and has no financing risk or conditions, Cypress asks that your board of directors immediately determine that the terms of the attached Merger Agreement constitute a "Superior Proposal" under the terms of the Agreement and Plan of Merger, dated While we have invested significant time and effort in due diligence over the past 10 days, we must express frustration as to the slow pace at which we were given access to the data room as well as the slow pace at which documents were posted.i 1 2 As we have now been shut out of the data room, we request that our access to the data room be restored as quickly as possible in order to finalize our due diligence, which we expect to complete within five days, assuming full cooperation.

Tags: board corporation letter directors

 

Xilinx Stock Primed to Gain from Semiconductor M&A

2015-05-29 22:33:19| Semiconductors - Topix.net

The only "buy and hold" system that beats even today's volatile markets. Pro trader Keith Fitz-Gerald runs this hyper-selective service that only buys stocks that are going up - without fail since 2000.

Tags: ma stock gain semiconductor

 
 

Massive chip consolidation wave is changing semiconductor industry

2015-05-28 20:39:22| Electronics - Topix.net

A wave of mergers and acquisitions is reshaping Silicon Valley's semiconductor industry as companies join forces to shoulder the soaring technology costs required to stay competitive. Half a dozen chipmakers in Silicon Valley, including a few storied names, have changed hands in less than two years in nearly $12 billion in mergers and acquisitions affecting thousands of employees and costing some their jobs.

Tags: industry changing wave massive

 

Massive chip consolidation wave is changing semiconductor industry

2015-05-28 20:30:46| Semiconductors - Topix.net

A wave of mergers and acquisitions is reshaping Silicon Valley's semiconductor industry as companies join forces to shoulder the soaring technology costs required to stay competitive. Half a dozen chipmakers in Silicon Valley, including a few storied names, have changed hands in less than two years in nearly $12 billion in mergers and acquisitions affecting thousands of employees and costing some their jobs.

Tags: industry changing wave massive

 

Investment Analysts' Weekly Ratings Updates for ON Semiconductor

2015-05-27 19:16:34| Semiconductors - Topix.net

They set a "buy" rating and a $16.00 price target on the stock. 5/15/2015 - ON Semiconductor is now covered by analysts at Needham & Company LLC. They set a "buy" rating and a $17.00 price target on the stock.

Tags: ratings updates investment weekly

 

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