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Microsemi Boosts Its Buyout Offer for PMC-Sierra

2015-11-18 17:29:27| Semiconductors - Topix.net

Microsemi, a maker of semiconductors, boosted its buyout offer for chipmaker PMC-Sierra again, two days after PMC-Sierra said it preferred a deal with rival Skyworks. Microsemi Corp. is now offering a mix of cash and stock valued at about $12.05 for each share of PMC-Sierra, up from the $11.88 per share in cash and stock it offered late last month.

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