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Tech Trader Daily
Oct 5, 2015, 11:59 pm219 ptsWireles chip maker Skyworks Solutions (SWKS) late Monday evening said it would buy wired networking chip maker PMC-Sierra (PMCS) for $2 billion in cash, or $10.50 per PMC share, a 37% premium to PMC’s close on Monday of $7.69. PMC stock had risen during the regular session by 3.5%, and the shares had been on…
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