Atmel Corporation today confirmed that it has received an unsolicited proposal from Microchip Technology Inc. and ON Semiconductor to engage in negotiations for a three-way agreement to acquire Atmel at $5.00 per share, subject to conditions, including the sale of assets, due diligence, and financing. Atmel's Board of Directors, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will review and consider the proposal in due course.
Morgan Stanley and Credit Suisse are serving as financial advisors, and Wachtell, Lipton Rosen&Katz is serving as legal counsel to Atmel.
Morgan Stanley and Credit Suisse are serving as financial advisors, and Wachtell, Lipton Rosen&Katz is serving as legal counsel to Atmel.
Taos
Beck ist weg - und die Ypsilanti muss auch weg.
Beck ist weg - und die Ypsilanti muss auch weg.
