Ramtron Confirms Receipt of Unsolicited Proposal from Cypress Semiconductor

by Benzinga Staff
June 13, 2012 8:02 AM | 1 min read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Ramtron International Corporation (Nasdaq: RMTR) confirms that it received an unsolicited proposal from Cypress Semiconductor Corporation (Nasdaq: CY) on June 12 to acquire all outstanding stock of Ramtron at a price of $2.48 per share in cash. Consistent with its fiduciary duties, Ramtron's Board of Directors will review and consider the proposal, in consultation with its financial and legal advisors, and determine the course of action that it believes is in the best interests of Ramtron and its stockholders. Ramtron stockholders are advised to take no action at this time pending the review of the proposal by Ramtron's Board of Directors.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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