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.

14 Dec 2015
Dialog/Atmel: Act two. Before another twist?

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Dialog/Atmel: Act two. Before another twist?
Direct Line Insurance Group Plc (DLG:LON) | 303 -7.9 (-0.9%) | Mkt Cap: 3,976m
- 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.