Intel to Acquire Tower Semiconductor for $5.4 Billion (Shannon Davis/Solid State Technology)

Shannon Davis / Solid State Technology
Intel to Acquire Tower Semiconductor for $5.4 Billion – Intel Corporation and Tower Semiconductor, a foundry for analog semiconductor solutions, today announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash, representing a total enterprise value of approximately $5.4 billion. Intel to Acquire Tower Semiconductor for $5.4 Billion was posted by Shannon Davis …

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