Microsemi (MSCC) buys integrated circuit manufacturer Actel (ACTL) for ~$430M to expand in the...


Microsemi (MSCC) buys integrated circuit manufacturer Actel (ACTL) for ~$430M to expand in the defense and aerospace market. The $20.88/share deal is a 30% premium to Actel's Friday close, and is expected to add $0.22-0.28 per share to Microsemi's 2011 earnings. ACTL +28% to $20.50. (PR)

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