Symmetricom, Inc. to be Acquired by M...

Symmetricom, Inc. to be Acquired by Microsemi Corporation

Posted in the River Rouge Forum

Since: Sep 13

Henderson, NV

#1 Oct 22, 2013
(CRWE Press Release)-- Microsemi Corporation (Nasdaq:MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, and Symmetricom, Inc.(Nasdaq:SYMM), a worldwide leader in precision time and frequency technologies, announced that they have entered into a definitive agreement to acquire Symmetricom, Inc. for $7.18 per share through a cash tender offer, representing a premium of 49 percent based on the average closing price of Symmetricom's shares of common stock during the 90 trading days ended Oct. 18, 2013. The board of directors of Symmetricom unanimously recommends that Symmetricom's stockholders tender their shares in the tender offer. The total transaction value is approximately $230 million, net of Symmetricom's projected cash balance at closing.

http://crwepressrelease.com/1282/news-by-cate...

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

River Rouge Discussions

Title Updated Last By Comments
Slop your Hogs again God!!! 5 hr clueless spam nuts 2
News Detroit poet calls out Dave Chappelle's jokes a... Apr 22 want war- you go ... 2
Enlist to fight Trump's Wars. What ya got to lose Apr 22 want war- you go ... 5
News Another Detroit area doctor charged in female g... Apr 21 watching livonia 1
News The 25 Most Dangerous Cities in the U.S. Are Mo... (Nov '10) Apr 21 Fitus T Bluster 20,971
News Teen arraigned in cop shootings Apr 20 Badam 2
don`t buy from rhino associates (Nov '08) Apr 20 Glenda 49

River Rouge Jobs

More from around the web

Personal Finance

River Rouge Mortgages