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Skyworks to buy back $400 million in stock

2015-11-11 00:32:29| Semiconductors - Topix.net

The new program replaces a $300 million share-buyback plan that had $62.6 million remaining, the analog semiconductor manufacturer said. Skyworks is in a battle with Microsemi Corp. [s:mscc] to acquire competitor PMC-Sierra Inc. with Microsemi saying Tuesday morning that PMC-Sierra had declared the Microsemi bid superior .

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