Atmel, which is supposed to merge with Dialog at the beginning of 2016, announced on 11 December 2015 that it had received an unsolicited bid offer at $9 per share, vs. the cash and share proposal from Dialog ($4.65 in cash and 0.112 of a Dialog American depository receipt for each share of the stock) which offered around $8.6 at the 11 December 2015 closing price.
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Dialog/Atmel: Act two. Before another twist?
- Published:
14 Dec 2015 -
Author:
Charles Bordes -
Pages:
2 -
Atmel, which is supposed to merge with Dialog at the beginning of 2016, announced on 11 December 2015 that it had received an unsolicited bid offer at $9 per share, vs. the cash and share proposal from Dialog ($4.65 in cash and 0.112 of a Dialog American depository receipt for each share of the stock) which offered around $8.6 at the 11 December 2015 closing price.