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Ramtron's (RMTR -0.3%) board rejects Cypress Semiconductor's (CY -1%) $2.68/share, all-cash,...

Ramtron's (RMTR -0.3%) board rejects Cypress Semiconductor's (CY -1%) $2.68/share, all-cash, buyout offer as inadequate. Ramtron shares are currently trading at $3 - the company and investors seem to be betting Ramtron's leading role in commercializing FRAM (still a niche product), and the IP it has generated along the way, will result in a higher bid. (more)
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