Close

MEMSIC, Inc. (MEMS) Resumes Trading, Shares Up 55%+

Go back to MEMSIC, Inc. (MEMS) Resumes Trading, Shares Up 55%+

MEMSIC (MEMS) Receives $4/Share Proposal from IDG-Accel

November 20, 2012 4:08 PM EST

MEMSIC, Inc. (Nasdaq: MEMS), a leading MEMS solution provider, today announced that its Board of Directors has received an unsolicited, non-binding proposal from IDG-Accel China Growth Fund II L.P., for itself and on behalf of its affiliated funds and certain nominees (collectively, "IDG"), to acquire all outstanding shares of common... More