Items Tagged with 'amended'

ANADIGICS Inc. announced that, on December 15, 2015, its board of directors, after consultation with its financial and legal advisors, has unanimously determined that an offer from a third party to acquire all of the outstanding shares of ANADIGICS common stock for $0.48 per share in cash pursuant to an all-cash tender offer and second-step merger constitutes a "Superior Offer" within the meaning of the previously announced agreement and plan of merger with affiliates of GaAs Labs LLC (the “Merger Agreement”).  

Skyworks Solutions Inc., an innovator of high performance analog semiconductors connecting people, places and things, and PMC-Sierra Inc., a semiconductor and software solutions leader in storage, optical and mobile networks, announced that they have entered into an amended and restated merger agreement under which Skyworks has agreed to acquire PMC for $11.60 in cash per share of PMC common stock, an increase from its previous agreement to acquire PMC for $10.50 in cash per share of PMC common stock.