10:14 AM EST - Zarlink Semiconductor Inc. : announced that Microsemi Corporation, a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, announced today that it has made a proposal to the board of directors of Zarlink to acquire all of the outstanding shares of the Company for $3.35 per share in cash. Zarlink Semiconductor Inc.
shares T.ZL are trading up $1.23 at $3.62.
