Microsemi's (MSCC)
CEO made a statement not so long ago that has been repeated more than a
few times recently - in the semiconductor world, you're buying until
you get bought. Buyout chatter is once again swirling around Microsemi,
and a deal price could easily exceed $70 for this diversified player. In
the meantime, though, the company's performance continues to be a
little mixed - not actually bad, but not providing the beat-and-raise
momentum that investors typically want to see.
Read more here:
Renewed M&A Chatter Outweighs An Okay Quarter For Microsemi
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