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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (4105)7/14/2016 9:23:29 AM
From: richardred  Read Replies (1) | Respond to of 7253
 
IMO This Infineon deal should up the speculative of AXTI. Plus CREE will have money to spend now on something that is more core.

Message 30567282

Infineon to Buy Cree’s Wolfspeed Unit for $850 Million

German chip maker Infineon Technologies has agreed to buy the North Carolina-based company Wolfspeed from Cree for $850 million in cash.

wsj.com