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Stock Market & Financial Investment News

News Breaks
July 25, 2014
04:55 EDTMSCC, MSCCMicrosemi management to meet with Drexel Hamilton
Meeting to be held in New York on July 31 hosted by Drexel Hamilton.
News For MSCC From The Last 14 Days
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April 29, 2015
12:22 EDTMSCCGabelli liquidates stake in Vitesse
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April 28, 2015
07:20 EDTMSCCMicrosemi Vitesse subsidiary completes tender offer for Vitesse shares
Microsemi (MSCC) announced that its wholly-owned subsidiary LLIU100 Acquisition successfully completed its previously announced tender offer to purchase all outstanding shares of Vitesse Semiconductor (VTSS) for $5.28 per share in cash. Microsemi expects to complete the acquisition of Vitesse later today through a merger under Section 251 of the General Corporation Law of the State of Delaware, with no vote of Vitesse's stockholders required to consummate the merger. As a result of the merger planned to be effected later today, all remaining Vitesse shares will be converted into the right to receive $5.28 per share in cash, without interest and less any applicable withholding taxes, the same price that was paid in the tender offer. Immediately following completion of the merger, Vitesse shares will cease to be traded on Nasdaq.
April 23, 2015
16:16 EDTMSCCMicrosemi sees Q3 EPS 67c-71c, consensus 69c
Sees Q3 sales $302M, plus or minus 2%, consensus $303.65M.
16:15 EDTMSCCMicrosemi reports Q2 EPS 67c, consensus 65c
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15:00 EDTMSCCNotable companies reporting after market close
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