Showing posts with label Qualcomm. Show all posts
Showing posts with label Qualcomm. Show all posts

Monday, 17 November 2014

Microchip finally rules itself out for CSR...

It's game over for investors that were betting on a potential counter bid from US group Microchip Technology for London-listed CSR.

This morning the US company said it will not proceed with making an offer for CSR after having approached the FTSE 250 company back in August. Here is a link to Microchip's statement: http://www.investegate.co.uk/microchip-technology/rns/statement-re-rule-2-8-no-intention-to-bid-csr-plc/201411170700041419X/