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Qualcomm buys CSR for USD 2.5 bln

2014-10-15 09:33:00| Telecompaper Headlines

(Telecompaper) Qualcomm has agreed to acquire Wireless chip specialist CSR in a transaction valued at GBP 1.56 billion, or USD 2.5 billion, Bloomberg reported. CSR shareholders will get 900 pence per share, 37 percent than the closing share price on 14 October. CSR directors said they will recommend the offer to investors.

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