LSI Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Duane L. Olson who wrote (17447)	3/19/1999 8:42:00 AM
From: Moonray	Read Replies (2) of 25814

[OT] VLSI Rejects Philips Offer, Seeks Options Reuters - 02:30 a.m. Mar 19, 1999 Eastern SAN FRANCISCO (Reuters) - VLSI Technology Inc. Thursday rejected a $777 million hostile bid from the Dutch electronics giant Philips Electronics NV, but the computer chip maker left the door open for a higher offer or a merger with another company. In a statement, VLSI said it rejected Philips' $17-per-share offer based on presentations from financial advisers, but the chip maker said it believed ''interested parties,'' which could include Philips, will recognize ''the strong business potential'' of the company. infoseek.go.com I have VLSI, but that was sort of a whim..and it is being taken out. o~~~ O

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next