Seeking Alpha

M/A-COM Technology to acquire Mindspeed Technologies for $5.05/share

  • Mindspeed Technologies (MSPD) has agreed to be acquired by M/A-COM Technology Solutions (MTSI) for $5.05/share in cash, a 70% premium to today's close. The transaction values MSPD at $272M.
  • Mindspeed is also in "advanced discussions" with a strategic acquirer for its wireless business and "expects to continue those efforts in the coming weeks."
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Comments (1)
  • indianbuddy
    , contributor
    Comments (2) | Send Message
     
    Who gets the proceeds from wireless business sale? M/A-COM or MSPD share holders?
    6 Nov 2013, 10:21 AM Reply Like
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