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ISSI, Cypress Semiconductor Merger Unravels

2015-06-08 21:17:37| Electronics - Topix.net

Integrated Silicon Solution Inc. is not happy. ISSI set out to merge with Cypress Semiconductor Corp. but the companies failed to reach a deal in the face of antitrust concerns.

Tags: merger semiconductor cypress unravels

 

ISSI, Cypress Semiconductor Merger Unravels

2015-06-08 20:57:06| Semiconductors - Topix.net

Integrated Silicon Solution Inc. is not happy. ISSI set out to merge with Cypress Semiconductor Corp. but the companies failed to reach a deal in the face of antitrust concerns.

Tags: merger semiconductor cypress unravels

 
 

Cypress Semiconductor Corporation Sends Financing Commitment Letter...

2015-06-06 05:38:42| Electronics - Topix.net

This financing commitment further strengthens Cypress's offer and demonstrates Cypress's determination to close a transaction." This press release contains certain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995.

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Cypress Semiconductor Corporation Sends Financing Commitment Letter...

2015-06-06 05:06:15| Semiconductors - Topix.net

This financing commitment further strengthens Cypress's offer and demonstrates Cypress's determination to close a transaction." This press release contains certain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Tags: corporation letter commitment financing

 

Cypress Semiconductor Corporation Sends Letter To Board Of Directors...

2015-05-30 10:01:07| Electronics - Topix.net

Given that our proposal is financially superior, has significantly less closing risk than the consortium's proposal , and has no financing risk or conditions, Cypress asks that your board of directors immediately determine that the terms of the attached Merger Agreement constitute a "Superior Proposal" under the terms of the Agreement and Plan of Merger, dated While we have invested significant time and effort in due diligence over the past 10 days, we must express frustration as to the slow pace at which we were given access to the data room as well as the slow pace at which documents were posted.i 1 2 As we have now been shut out of the data room, we request that our access to the data room be restored as quickly as possible in order to finalize our due diligence, which we expect to complete within five days, assuming full cooperation.

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