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Microchip Technology Provides Update On Closing Of Atmel Acquisition
2016-04-02 18:51:59| Semiconductors - Topix.net
Microchip also announced that the average closing price of Microchip common stock based on the ten trading days ending on per share and, based on such price and the terms of the merger agreement, Microchip will issue a total of approximatelyi 1 210.1 million shares to the stockholders of Atmel in the transaction with each share of Atmel common stock being exchanged for following the closing of the merger.i 1 2 On this call, Microchip will provide information about the expected financial results for Atmel for the quarter ended that analysts and investors should find useful in modeling the results of Microchip following the cloing.i 1 2 Thus, analysts and investors may want to hold off incorporating Atmel's results with Microchip's financial model until after the conference call.i 1 2 This call will be simulcast over the Internet at , 2016.i 1 2 Interested parties may listen to the replay ... (more)
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Category:Electronics and Electrical