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August 21, 2014
06:57 EDTIRF, IFNNYInfineon mulled 'bunch' of possible takeovers before making pick, Reuters says
Infineon (IFNNY) CFO Dominik Asam said that the company examined a "whole bunch" of potential takeover targets before deciding on International Rectifier (IRF), according to Reuters, citing comments from Asam. Asam said, "We approached another (target) but did not converge on price. And for others we did not want to pay the high premiums." Reference Link
News For IFNNY;IRF From The Last 14 Days
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November 17, 2015
08:54 EDTIFNNYMaxim could be bidder for Fairchild, says Citi
Citi analyst Atif Malik views Maxim Integrated (MXIM) as a potential acquirer Fairchild Semiconductor (FCS). Bloomberg on October 13 reported that Fairchild was seeking advice for a potential sale, and listed potential acquirers as STMicroelectronics (STM), Infineon (IFNNY) and ON Semiconductor (ON). Bids from STM and ON seem unlikely, but Infineon and Maxim could be potential acquirers of Fairchild, Malik tells investors in a research note. In a bull case scenario, Fairchild's buyout value could reach $25 per share, the analyst contends. Fairchild closed yesterday at $17.76. Malik's peer at Citi, analyst Christopher Danely, argued today in research note that Maxim Integrated (MXIM) is unlikely to get acquired despite reports of interest from Analog Devices (ADI) and Texas Instruments (TXN). Danely views Xilinx (XLNX) as a potential takeout target, potentially for Qualcomm (QCOM).

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