Microsemi Corporation Takes PMC-Sierra Where Skyworks Solutions Left Off

November 24, 2015 12:03 PM

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Microsemi and PMC-Sierra have announced that they have entered into a definitive acquisition agreement

Microsemi Corporation (NASDAQ:MSCC) and PMC-Sierra Inc. (NASDAQ:PMCS) announced that they have entered a definitive agreement, under which the former will acquire the latter for $9.22 cash per share. In addition to this, one PMC-Sierra share will get 7.71% Microsemi common share. This follows PMC-Si...

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