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British chip maker CSR will acquire Zoran (ZRAN), a maker of technology for digital photography...

British chip maker CSR will acquire Zoran (ZRAN), a maker of technology for digital photography and video, for $679M in stock. CSR will issue 1.85 new shares for each Zoran share, a premium of about 40% to Zoran’s Friday closing price of $9.32/share. (PR)
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