Tuesday, August 14, 2007
Rumors are running rampant that STMicroelectronics Inc. may acquire Infineon Technologies AG, according to a report from Reuters.
There are rumors that ST (Geneva) will bid 12.50 euros per share for Infineon (Munich), according to the report. Shares at Infineon rose $0.25 to over $15.00 on Monday (August 13), based on the reports.
No other details are known about the rumors.
By: DocMemory
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