Merger of equals between RF Micro Devices and TriQuint Semiconductor


RF Micro Devices (RFMD) and TriQuint Semiconductor (TQNT) will merge in an all-stock transaction.

Under the terms of the deal, TriQuint shareholders will receive 1.675 shares of the new entity and RFMD shareholders will receive one share for each TriQuint or RFMD share held.

The combined is expected to churn up $150M in cost synergies.

Trading in both stocks is halted at the moment.

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Comments (3)
  • william the Semicon Hunter
    , contributor
    Comments (3) | Send Message
     
    good thing
    24 Feb 2014, 08:14 AM Reply Like
  • BobWeant
    , contributor
    Comments (150) | Send Message
     
    RFMD and TQNT are up 17 and 22% respectively in premarket trading
    24 Feb 2014, 09:11 AM Reply Like
  • petepete8859
    , contributor
    Comments (29) | Send Message
     
    So do I sell my TQNT now or wait for merger? What price will the new shares start trading at? I have 2000sh at cost basis of $8.33 which means I will have 837sh of the new stock post merger and reverse split....
    24 Feb 2014, 10:46 AM Reply Like
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