Microsemi (MSCC) to Acquire PMC-Sierra (PMCS) in ~$2.5B Deal

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Go back to Microsemi (MSCC) to Acquire PMC-Sierra (PMCS) in ~$2.5B Deal

Microsemi (MSCC) Announces Modifications to PMCS Merger Agreement; Sterne Agee CRT Reiterates Buy

November 24, 2015 4:09 PM EST

Sterne Agee CRT reiterated a Buy rating and $49.00 price target on Microsemi Corporation (NASDAQ: MSCC) as the company announces modifications to its merger agreement with PMCS with a counter offer. PMCS is agreed to be acquired by MSCC for $9.22 in cash and... More

Skyworks Solutions (SWKS) Scraps Bid to Acquire PMC-Sierra (PMCS)

November 24, 2015 6:27 AM EST

Skyworks Solutions (NASDAQ: SWKS) announced that it decided not to modify its amended and restated merger agreement with PMC-Sierra, Inc. (PMC®) (NASDAQ: PMCS), entered into on October 29, 2015. Today PMC terminated the amended and restated merger agreement and,... More