(Reuters) – Chipmaker Microchip Technology Inc said it would buy Supertex Inc for $394 million in cash to bolster its business that supplies to the medical, LED lighting, industrial and telecommunication industries. The offer of $33 per share represents a premium of 35 percent to Supertex stock’s Friday closing price of $24.38. Supertex shares rose […]
Category CA TechnologiesTech
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