Fairchild board rejected acquisition proposal from Chinese firms over fears of US regulatory approval. After a thorough review process and consultation with its financial and legal guides, the board of Fairchild decided to forbid the takeover offer.
merger and acquisition
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Microchip technology Inc. bought rival chipmaker Atmel Corp. for a price of $3.56 billion. This acquisition beats other bidder Dialog Semiconductor PLC due to its sudden share price drop.
Foreigners are set to take over several French blue chip firms this year and will largely do what they want with their prizes - showing the limits of new laws passed in the name of "economic patriotism".
France-based biopharmaceutical company Transgene supported the proposal of South Korean contract research and development firm SillaJen Inc to acquire biotherapeutics company Jennerex. Transgene owns 8.5% of Jennerex.
Texas firms took a breather and said “time out” on M&A activity.