Ramtron Gets New Offer From Cypress, Gives Okay On Acquisition
Colorado Springs-based memory maker Ramtron has received a new, higher offer from Cypress Semiconductor for the company. Cypress offered up $3.10 per share for Ramtron, which values Ramtron at about $109.8M. Ramtron's board has voted unanimously for the new offer, which is a significant increase from the $2.48 per share that Cypress had offered initially in June for the company. Cypress said it has extended its tender offer to October 9th.
posted on Tuesday, September 25, 2012
Related companies:
Ramtron
Related stories:
> Ramtron Rejects Takeover Offer
> Ramtron Rejects Takeover Offer
> Ramtron Rejects Upgraded Takeover Offer
> Ramtron Gets Hostile Bid From Cypress Semiconductor
> Simtek Acquisition Offer Completes
Techrockies.com Home