Though it's paying a giant premium to acquire BCD Semiconductor (BCDS +94%), Diodes (DIOD +2.9%)...

|About: BCD Semiconductor Manufactu... (BCDS)|By:, SA News Editor

Though it's paying a giant premium to acquire BCD Semiconductor (BCDS +94%), Diodes (DIOD +2.9%) is trading higher after announcing the deal, as the Street applauds BCD's potential to expand Diodes' product line and Chinese customer base. BCD is currently trading at $7.72, 3.5% below Diodes' $8/share buyout price.