Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (71749)	12/16/2022 8:35:59 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78820

OIIM. I'm assuming voter approval is the final step. Although I have seen it the other way with stock holders approving and then management seeking government approval.

To: Elroy who wrote (71749)	3/9/2023 10:46:45 PM
From: E_K_S	Read Replies (3) \| Respond to of 78820

RE: Intel's Merger w/ TSEM also causing a delay in INTC's acquisition of TSEM. Is this merger still in the works? The offer & approved is $53/share all cash. TSEM closed at $ $41.25/share. Intel Takes Aim At Chip Shortages With A $5.4 Billion Takeover Of Tower TSEM has a market Cap of $4.2 Billion, sells at a 19 Forward PE. TSEM is selling 30% below that offer price. I think TSEM/INTL still waiting on China approval but not sure why they need that unless it is due to their sales into China. They have no foundries operated in China only a network of fabrication facilities in the U.S., Italy, Israel and Japan. The merger allows INTC to gain exposure to foundries outside the US. ------------------------------------ I was thinking of starting a position at/near $ 41.00/share