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Cypress Semiconductor buying Spansion for $1.59B

2014-12-01 23:52:08| IT Services - Topix.net

Chip maker Cypress Semiconductor is buying flash memory product maker Spansion in an all-stock deal worth $1.59 billion. Spansion stockholders will get 2.457 shares of Cypress stock for every Spansion share they own.

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