Cypress Semi (CY) submits a proposal to Ramtron (RMTR) to acquire all of its outstanding stock...

|About: Cypress Semiconductor Corpo... (CY)|By:, SA News Editor

Cypress Semi (CY) submits a proposal to Ramtron (RMTR) to acquire all of its outstanding stock for $2.48/share in cash, representing a 37% premium to RMTR's June 11 closing stock price. RMTR +26% premarket.