New York, October 19, 2015 -- Moody's Investors Service ("Moody's") placed all the credit ratings of Microsemi Corp. ("Microsemi"), including the Ba2 Corporate Family Rating, on review for downgrade following Microsemi's announcement that it submitted an offer to acquire PMC-Sierra, Inc. ("PMC"). Microsemi's bid for PMC is comprised of a combination of cash ($8.75 per share) and Microsemi shares (valued at $2.75 per share). This marks the second public offer for PMC: on October 5th, Skyworks and PMC announced that they had entered into a definitive agreement for Skyworks to acquire PMC in an all-cash offer of $10.50 per share.

Vollständigen Artikel bei Moodys lesen