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Fairchild receives competing offer worth about $2.46 billion

2015-12-30 02:46:28| Semiconductors - Topix.net

Fairchild Semiconductor International Inc. says it has a received an unsolicited offer to buy its business, topping its existing deal with ON Semiconductor. The new offer of $21.70 a share is valued at roughly $2.46 billion based on Fairchild's 113.4 million shares outstanding.

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Category:Electronics and Electrical

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