Seeking Alpha

Texas Instruments (TXN) announces the acquisition of National Semiconductor (NSM) for $25/share,...

Texas Instruments (TXN) announces the acquisition of National Semiconductor (NSM) for $25/share, a 78% premium to today's closing price, in an all-cash transaction of ~$6.5B. The companies expect the deal to close in six to nine months pending regulatory approval. Trading in both companies is halted. (PR)
Comments (5)
  • to expensive....they are now bidding up the deals...buy buy buy at any cost...
    4 Apr 2011, 04:21 PM Reply Like
  • Another sign the bubble is about to burst.
    4 Apr 2011, 04:27 PM Reply Like
  • Were not TI hit hard by the quake in japan? Seems a strange time to be expanding.
    4 Apr 2011, 05:39 PM Reply Like
  • Just great. My AMD $8 May puts were shaping up nicely until that one came along.
    4 Apr 2011, 06:33 PM Reply Like
  • US companies are very cheap in valuations. There will be several deals this year.
    4 Apr 2011, 07:41 PM Reply Like
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