According to Reuters, Microsemi (MSCC) is seeking strategic alternatives

  • January 24, 2018


StockMicrosemi CorporationSymbolMSCC
Date Announced01/23/2018Source Reuters
TypeCompany Seeking Strategic Alternatives
Date of Confirmation: 03/01/2018Price at Confirmation: $64.30
Potential Profit: 3.13%Annualized Profit: 30.85%

Microsemi (MSCC), the largest U.S. commercial supplier of military and aerospace semiconductor equipment, is exploring its options, including a possible sale, after it received a takeover approach, a person familiar with the matter said on Tuesday.


February 27, 2018: Microchip Technology Inc. (MCHP) is in advanced talks to buy Microsemi Corp.,(MSCC) according to people familiar with the matter, in what would be the latest in a wave of deals sweeping the semiconductor industry.

March 01, 2018: Microchip Technology Incorporated (MCHP) , a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, and Microsemi Corporation (MSCC) , a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced that the two companies have signed a definitive agreement pursuant to which Microchip will acquire Microsemi for $68.78 per share in cash.

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