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Microchip prepares binding offer for Atmel: sources

2016-01-04 23:08:57| Semiconductors - Topix.net

Microchip's due diligence process has taken longer than expected because of concerns over weaker business trends facing Atmel, one of the people added. Reuters reported last month that Microchip was the undisclosed bidder that made a $3.8 billion unsolicited offer for Atmel.

Tags: offer sources binding prepares

 

Vetr Inc. Lowers Microchip Technology Inc. (MCHP) to Buy

2015-12-20 09:33:04| Semiconductors - Topix.net

They presently have a $51.12 price objective on the stock. Vetr 's target price suggests a potential upside of 10.91% from the stock's previous close.

Tags: to buy technology lowers

 
 

Microchip Named as Atmel Bidder

2015-12-18 02:33:56| Semiconductors - Topix.net

Microcontroller vendor Microchip Technology Inc. is the company that has made a $3.8 billion unsolicited offer for Atmel Corp. , according to a Reuters report that referenced an unnamed source. Atmel has already agreed a deal to be acquired by Dialog Semiconductor plc but Atmel said it would look at the counter offer .

Tags: named bidder microchip atmel

 

Exclusive: Microchip is undisclosed Atmel bidder challenging Dialog - source

2015-12-15 22:44:43| Semiconductors - Topix.net

Atmel said on Dec. 11 it had started negotiations with an unidentified party that made a $9 per share cash offer that could potentially be deemed more valuable than a cash-and-stock acquisition proposal by Dialog Semiconductor Plc ( The source asked not to be identified because Microchip's identity has not been publicly disclosed. Microchip and Atmel did not immediately respond to requests for comment.

Tags: source exclusive challenging dialog

 

Microchip Technology Inc. (MCHP) Position Lowered by Saturna Capital

2015-12-14 06:03:52| Semiconductors - Topix.net

Saturna Capital decreased its stake in shares of Microchip Technology Inc. by 2.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The firm owned 625,339 shares of the company's stock after selling 18,412 shares during the period.

Tags: technology position capital lowered

 

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