- Integrated Silicon (NASDAQ:ISSI +0.8%) has sold its Taiwanese Chingis subsidiary to local chip giant MediaTek for $27.1M. The sale has allowed Taiwanese regulators to sign off on ISSI's pending $23/share sale to Chinese investor group Uphill.
- ISSI expects the Uphill deal to close in early Q4. Shares still trade ~$1 below the buyout price.
ISSI sells Taiwanese unit to MediaTek to clear way for acquisition
Recommended For You
More Trending News
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
ISSI | - | - |
Integrated Silicon Solution, Inc. |