- Last week's unsolicited $21.70 bid from an unnamed suitor (OTCQX:IFNNY?) does not constitute a superior proposal to the $20 offer from ON Semiconductor (ON), concludes the Fairchild (FCS) board.
- Source: Press Release
- The stock closed on Friday at $20.65.
Fairchild Semiconductor rejects higher bid
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| Symbol | Last Price | % Chg |
|---|---|---|
| IFNNY | - | - |
| Infineon Technologies AG | ||