Zarlink Semiconductor Inc. (T.ZL) hit a new 52-week high of $3.95 Thursday.
Microsemi Corporation (NASDAQ:MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, and Zarlink Semiconductor Inc., a leading provider of mixed-signal chip technologies for a broad range of communications and medical applications, announced today that they have entered into a Support Agreement pursuant to which Microsemi, through a wholly-owned subsidiary, will amend its existing offers to increase the price offered for all of the issued and outstanding common shares and 6% unsecured, subordinated convertible debentures maturing September 30, 2012 of Zarlink by 19% to $3.98 in cash per Share and $1,624.49 in cash per $1,000 principal amount of Debentures plus accrued and unpaid interest to the date Debentures are taken up.
Trident Performance Corp. (T.TCP) hit a new 52-week high of $11.50 Thursday. No news announcements today
Afexa Life Sciences Inc. (T.FXA) hit a new 52-week high of 76 cents Thursday. No news announcements today
Related Stories
