Atmel Corp's (ATML) Prelim. Q4 Results Fall Short of Consensus
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Go back to Atmel Corp's (ATML) Prelim. Q4 Results Fall Short of Consensus
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
January 14, 2016 8:22 AM EST
Raymond James downgraded Atmel (NASDAQ: ATML) from Strong Buy to Market Perform and removed its price target.
For an analyst ratings summary and ratings history on Atmel click here. For more ratings news on Atmel click here.
Shares of Atmel closed at $7.96 yesterday.
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January 13, 2016 8:32 AM EST
Atmel® Corporation (Nasdaq: ATML) announced that its Board of Directors has determined that the unsolicited acquisition proposal received from Microchip Technology Inc. (Nasdaq: MCHP) constitutes a "Company Superior Proposal," as defined in Atmel's existing merger agreement with Dialog Semiconductor plc (XTRA: DLG). In connection with that determination, Microchip has delivered a binding acquisition agreement subject solely to acceptance by Atmel of... More
