Our Business News

Business articles & tips that will guide you.

Facebook
RSS

NEW YORK Ramtron International Corp. agreed to be bought by Cypress Semiconductor Corp. for an increased price of $ 3.10 a share, the companies said on Wednesday. The deal values Ramtron at $ 109.8 million, excluding assumed debt and options and including shares previously acquired by Cypress. The boards of both companies OK’d the deal. Cypress first disclosed its plan to buy Ramtron on June 12 at a price of $ 2.68 a share, but the offer was rejected. An upped price of $ 2.88 a share on Aug. 27 was also turned down on Sept. 10 as inadequate. Shares of Ramtron International rallied 7.7% to $ 3.09 a share in premarket trades.

You must be logged in to post a comment.

What are the advanta

You've probably heard of cloud computing. It's a huge growth ...

Simple steps to reme

Depending on the requirements of your job, you might find ...

If what you want is

Think about a boring day... outside is raining and you ...

How to Save Energy i

These days we’re all conscious of the amount of energy ...

The Benefits of Outs

Are you running a business single handed or with a ...