Microsemi (MSCC) may abandon its hostile bid for Zarlink Semiconductor (ZLKKF.PK), now that...


Microsemi (MSCC) may abandon its hostile bid for Zarlink Semiconductor (ZLKKF.PK), now that Zarlink shares are trading 9% above Microsemi's offer price of C$3.35. Zarlink claims to be in talks with 15 interested parties about a buyout; analysts name INTC, TXN, and QCOM as potential suitors, given Zarlink's wireless medical chip technology.

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