Leveraged Loans Primary Market Issuance Falls to Zero after Christmas Weekend
The issuance of US leveraged loans fell to zero last week. However, in the previous week, ~$4.9 billion in dollar-denominated senior loans were priced.
What Will Drive Growth in the Industrial Semiconductor Market?
The demand for industrial semiconductors will be driven by the LED (light-emitting diodes) lighting sector, security, energy management, and medical devices.
Microsemi Bids for PMC-Sierra for the Third Time
Microsemi has made a third offer for the acquisition of PMC-Sierra, increasing the cash component. The revised offer values PMC-Sierra at $12.05 per share.
Skyworks and Microsemi Compete to Acquire PMC-Sierra
On October 5, 2015, Skyworks Solutions announced that it is looking to acquire peer company PMC-Sierra for $2 billion in cash.
Microsemi Offers $2.2 Billion in Competition for PMC-Sierra
Microsemi, a manufacturer of high-performance semiconductors, made a cash-stock offer of $2.2 billion to acquire semiconductor company PMC-Sierra (PMCS).