Peregrine Semi to be acquired by Murata for $12.50 per share in cash (shares halted)
Murata Electronics North America, a subsidiary of Murata Manufacturing (MRAAY), and PSMI announced that they have entered into a definitive agreement under which Murata will acquire all outstanding shares of Peregrine not owned by Murata, for $12.50 per share in cash, or a total transaction value of $471 mln ($465 mln excluding Murata's existing holding). The transaction, which has been approved by both cos' boards of directors, is expected to close by the end of 2014 or early 2015, subject to PSMI's stockholders' approval, regulatory approvals, and other customary closing conditions.
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HITT, TQNT, SWKS, RFMD
HITT - deal annonce a month ago by ADI
TQNT - flattishSWKS - flatRFMD - +1.5%