Mindspeed Reports Definitive Deal to Be Purchased by MACOM for $5.05/Share in Cash
Mindspeed Technologies (Nasdaq: MSPD), a leading supplier of semiconductor solutions for communications infrastructure applications, today announced that it has entered into a definitive agreement to be acquired by M/A-COM Technology Solutions Holdings, Inc. (Nasdaq: MTSI), a leading supplier of high performance RF, microwave, and millimeter wave products, for $5.05 per share in a cash tender offer. This represents a premium of approximately 66% to the close of $3.04 on November 4, 2013.
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