Raymond James Downgrades Atmel (ATML) to Market Perform
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Wedbush Remains Neutral as Atmel Corp (ATML) Dumps Dialog for Microchip (MCHP)
January 14, 2016 9:29 AM ESTWedbush 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
Atmel Corp's (ATML) Prelim. Q4 Results Fall Short of Consensus
January 13, 2016 5:32 PM ESTAtmel® Corporation (NASDAQ: ATML), a leader in microcontroller and touch solutions, today announced that it expects the following fourth quarter 2015 results:
Revenue is expected to be between $261 and $262 million, compared to the original outlook of $266 to $286 million. The lower revenue was the result of weaker than expected billings, primarily in Asia, as... More
Atmel Corp (ATML) Deems Microchip's (MCHP) Offer as 'Company Superior Proposal'
January 13, 2016 8:32 AM ESTAtmel® 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
