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ON Semiconductor to buy Fairchild in US$2.4 billion deal
2015-11-18 14:19:45| Semiconductors - Topix.net
REUTERS: ON Semiconductor Corp said it would buy Fairchild Semiconductor International Inc in a US$2.4 billion deal, the latest in a rapidly consolidating semiconductor industry. The offer of US$20 per share represents a premium of nearly 12 percent to Fairchild's Tuesday close.
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ON Semiconductor to Buy Fairchild Semiconductor for $2.4 Billion
2015-11-18 13:38:59| Electronics - Topix.net
ON Semiconductor has agreed to acquire fellow chip company Fairchild Semiconductor for about $2.4 billion in cash, the latest deal in the consolidating semiconductor space. The price tag of $20 a share values Fairchild at a 41% premium to where the stock was trading before news reports last month suggested Fairchild was seeking a buyer.
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ON Semiconductor to Acquire Fairchild Semiconductor for $2.4 Billion in Cash
2015-11-18 13:38:58| Electronics - Topix.net
November 18, 2015 -- ON Semiconductor Corporation and Fairchild Semiconductor International Inc. today announced that they have entered into a definitive agreement for ON Semiconductor to acquire Fairchild for $20.00 per share in an all cash transaction valued at approximately $2.4 billion. The acquisition creates a leader in the power semiconductor market with combined revenue of approximately $5 billion, diversified across multiple markets with a strategic focus on automotive, industrial and smartphone end markets.1 "The combination of ON Semiconductor and Fairchild creates a power semiconductor leader with strong capabilities in a rapidly consolidating semiconductor industry.
Water supply for 2 billion people at risk as snowpack declines across northern hemisphere
2015-11-18 07:06:11| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Snowfields once considered permanent are shrinking from the Rocky Mountains to the Himalayas. Nearly 100 drainage basins across the northern hemisphere that currently supply water to 2 billion people in the American West, southern Europe, the Mideast and central Asia are at considerable risk over the next century. Dwindling water supplies will not be a universal impact of declining snowpacks due to climate change, however. Scientists have observed declining snowpack accumulation across the...
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Constellation shares up on $1 billion Ballast Point bid
2015-11-18 04:49:58| Beverages - Topix.net
Constellation Brands, which owns Corona and Robert Mondavi wines, is seeing shares rise after the announcement that it is acquiring San Diego-based craft brewery Ballast Point for $1 billion. Constellation shares up on $1 billion Ballast Point bid Constellation Brands, which owns Corona and Robert Mondavi wines, is seeing shares rise after the announcement that it is acquiring San Diego-based craft brewery Ballast Point for $1 billion.
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