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Atmel Says Microchip Offer Superior to Dialog Semiconductor

2016-01-14 15:09:00| Electronics - Topix.net

Atmel Corp.'s board said an unsolicited bid from Microchip Technology Inc. is a "superior proposal" to the terms of the merger agreement it had signed with Dialog Semiconductor Plc last year. The binding offer from Microchip is for $8.15 a share, with $7 in cash and a fraction of a share of Microchip common stock valued at $1.15 based on a 10-day average closing price, Atmel said in a statement Wednesday.

Tags: offer superior dialog semiconductor

 

Atmel Co. (ATML) Given "Market Perform" Rating at FBR & Co.

2016-01-14 13:54:47| Apparel - Topix.net

's stock had its "market perform" rating reissued by research analysts at FBR & Co. in a research note issued on Thursday, AnalystRatings.NET reports.

Tags: co rating market perform

 
 

Atmel deems $8.15/share Microchip offer superior to Dialog's

2016-01-13 16:09:18| Semiconductors - Topix.net

Microchip has "delivered a binding acquisition agreement" to Atmel that calls for acquiring Atmel for $7/share in cash + $1.15/share in Microchip stock. Altogether, Microchip would issue 13M+ shares.

Tags: offer superior deems microchip

 

Microchip Said to Be Reconsidering Offer to Acquire Atmel

2016-01-07 20:17:01| Electronics - Topix.net

Microchip Technology Inc. is reconsidering its interest in Atmel Corp. after Atmel's business struggled in the fourth quarter, according to a person with knowledge of the situation. Atmel, based in San Jose, California, received an unsolicited offer from an unnamed buyer in December, according to a statement at the time.

Tags: to offer acquire microchip

 

Microchip Said to Be Reconsidering Offer to Acquire Atmel

2016-01-07 19:56:08| Semiconductors - Topix.net

Microchip Technology Inc. is reconsidering its interest in Atmel Corp. after Atmel's business struggled in the fourth quarter, according to a person with knowledge of the situation. Atmel, based in San Jose, California, received an unsolicited offer from an unnamed buyer in December, according to a statement at the time.

Tags: to offer acquire microchip

 

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