Skyworks Solutions ($SWKS) announced a deal to buy
Post# of 250675
Posted On: 10/07/2015 6:16:13 AM
Skyworks Solutions ($SWKS) announced a deal to buy PMC-Sierra (PMCS) for $10.50 per share in cash or about $2 billion in total. Skyworks also announced preliminary fourth quarter results, expecting revenues of $880 million and non-GAAP earnings per share of $1.52 per share. The results were above the consensus estimates.
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