Cypress Semiconductor (CY) Declares $0.11 Quarterly Dividend; 3.5% Yield
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Cypress Semiconductor (CY) Offers $19.75/Share in Cash for Integrated Silicon Solution (ISSI)
May 13, 2015 5:08 PM EDTCypress Semiconductor (NASDAQ: CY) announced that it had sent the following letter to the Board of Directors of Integrated Silicon Solution, Inc (Nasdaq: ISSI).
May 13, 2015
Jimmy S.M. Lee
Executive Chairman
Scott D. Howarth
President and Chief Executive Officer
Integrated Silicon Solution, Inc.1623 Buckeye Drive
Milpitas, California 95035
Messrs. Lee and Howarth,
On behalf of Cypress Semiconductor Corporation ("Cypress"), I am writing to formally convey our proposal to acquire 100% of the outstanding shares of common stock of Integrated Silicon Solution, Inc. ("ISSI") for... More
