Infineon to acquire Cypress Semiconductor for $23.85 per share, valuing the company at €9B, at about 33% premium to its Friday closing price of $17.82 (Bloomberg)
Infineon to acquire Cypress Semiconductor for $23.85 per share, valuing the company at €9B, at about 33% premium to its Friday closing price of $17.82 — - The proposed acquisition values Cypress at about $10 billion — Semiconductor players are wrestling with slowing growth
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