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Cypress: Could the acquirer be acquired?

2015-12-31 11:06:36| IT Services - Topix.net

After a a $100 billion M&A year for the semiconductor industry in 2015, who's going to be first onto the block in 2016? One trader says Cypress Semiconductor having bought $1 million worth of call spreads betting that Cypress stock will be worth $11.33 a share in June. They now stand at $9:90.

Tags: acquired cypress

Category:Information Technology

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