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A Chinese duo tied to Tsinghua Unigroup tried to scoop Fairchild Semiconductor (FCS) from ON Semiconductor (ON) with an unsolicited bid as, separately, rumors brewed that Microchip Technology (MCHP) could make an offer for Atmel (ATML) that would top the bid made by Apple (AAPL) supplier Dialog Semiconductor. Wall Street’s eyes zeroed in Tuesday on the Fairchild M&A. In early trading on the stock market today, Fairchild stock surged as much as Scalper1 News
Scalper1 News