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Investment Analysts' Recent Ratings Updates for ON Semiconductor Corp

2016-02-18 11:34:44| Semiconductors - Topix.net

They wrote, "This morning, Fairchild Semiconductor announced that its board of directors has determined the unsolicited bid received from China Resources Microelectronics for $21.70 per share is not superior to its offer from ON Semiconductor for $20.00 per share. We believe this is a positive development for ON, and continue to support the deal from both a competitive and strategic standpoint as discussed at length in our note: FCS Necessary in Rapidly Consolidating Landscape.

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