Cavium (CAVM) shares rose sharply yesterday following BRCM's acquisition of rival NETL. However, Bloomberg estimates that if Cavium was acquired at a similar price/sales ratio, shares would rise an additional 39%. William Blair thinks INTC, MRVL, or QCOM could show interest in Cavium at a price of $50-$60/share.
Cavium (CAVM) shares rose sharply yesterday following BRCM's acquisition of rival NETL. However,...
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