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Stock Market & Financial Investment News

News Breaks
December 19, 2012
19:21 EDTIDTI, PLXTIntegrated Device, PLX Technology announce termination of proposed transaction
Integrated Device Technology (IDTI) and PLX Technology (PLXT) announced that they have mutually agreed to terminate their merger agreement pursuant to which IDT would acquire PLX Technology. Concurrently, IDT also announced that it is withdrawing its related exchange offer to acquire all of the issued and outstanding shares of common stock, $0.001 par value, of PLX Technology and instructed Computershare, the exchange agent for the exchange offer, to promptly return all previously tendered shares. The decision to terminate the merger agreement and withdraw the exchange offer was made in response to a determination by the FTC to file an administrative complaint challenging IDT's proposed acquisition of PLX Technology and the absence of a clear path for the parties to complete the proposed transaction.
News For IDTI;PLXT From The Last 14 Days
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January 21, 2015
14:41 EDTIDTIIntegrated Device has good odds of supplying Samsung charger, says Dougherty
After multiple tech blogs reported that Samsung's flagship smartphone, the Galaxy S 6, may have built-in wireless charging when it's launched in March, Dougherty believes that there is a good chance that Integrated Device (IDTI) will supply the wireless chargers. The firm says the deal could boost Integrated Device's annual revenue by $112M-$135M annually. The firm keeps an $18 price target and Buy rating on Integrated Device.
14:39 EDTIDTISamsung Galaxy S6 likely to have wireless charging, BGR says
Among the expected features for Samsung's (SSNLF) upcoming new flagship Galaxy S6 phone, BGR said it expects the device to feature built-in wireless charging. The Fly notes that Integrated Device (IDTI) is a supplier for wireless charging components. Reference Link
January 15, 2015
10:00 EDTIDTIOn The Fly: Analyst Initiation Summary
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08:18 EDTIDTIIntegrated Device initiated with a Buy at Chardan
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