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Microsemi Offers to Buy PMC-Sierra in $2.4B Deal

2015-10-19 15:47:11| Semiconductors - Topix.net

Chipmaker Microsemi offered to buy PMC-Sierra in a deal valued at about $2.4 billion, trumping Skyworks Solutions Inc's offer of $2 billion. Microsemi's offer of $11.50 per share represents a premium of about 12 percent to PMC-Sierra's Friday close..

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