Standard Microsystems (SMSC) volatility flat at 52 into Microchip acquisition for $37 per share in cash

Standard Microsystems Corporation (Nasdaq: SMSC) will be acquired by Microchip Technology Incorporated (Nasdaq: MCHP) for $37.00 per share in cash. Overall option implied volatility of 52 is near its 26-week average according to Track Data.

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