Microsemi Makes a Bid for PMC-Sierra - BrokerBank Securities Provides Required Due Diligence
NEW YORK, Oct. 20, 2015 /PRNewswire/ -- PMC-Sierra, Inc. (NASDAQ: PMCS) closed at $11.73 up 14.55% yesterday after Microsemi trumped the previous buyout offer made Skywork Solutions to acquire PMCS. Trading volume was four times the daily average at 43 million shares. PMCS shares have almost doubled since the buyout offers started a month ago.
Our due diligence will show investors in PMC-Sierra, Inc. information about they need to make investment choices in a climate of competitive buyout scenarios. Get our due diligence report at the link below at no cost.
http://bit.ly/-PMCS_Due_Diligence
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About PMC-Sierra, Inc.
PMC-Sierra, Inc. designs, develops, markets, and supports semiconductor solutions for communications network infrastructure equipment worldwide. Its semiconductor devices enable networking equipment primarily in three markets, including storage, optical, and mobile networks. The company's storage products comprise RAID-on-chip, protocol controllers, flash controllers, host bus adapter and serial attached small computer system interface expanders, and MIPs processors that enable high-speed communication servers, switches, and storage devices to store, manage, and move large quantities of data securely.
FORWARD-LOOKING DISCLAIMER
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This release and report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this release have not been compensated in any form by any source. A full disclaimer can be found by viewing due diligence. We are only human and may make mistakes. If you notice any errors or omissions, please notify us below.
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.
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