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Wedbush Remains Neutral as Atmel Corp (ATML) Dumps Dialog for Microchip (MCHP)

January 14, 2016 9:29 AM EST

Wedbush maintained a Neutral rating on Atmel (NASDAQ: ATML), and cut the price target to $8.00 (from $9.00), as the company's Board determines that Microchip Technology's (NASDAQ: MCHP) proposal to acquire ATML constitutes a "Superior Proposal" to its merger... More