On Thursday 02 October 2008 05:22:18 pm Weddington, Eric wrote:
> Remember, the news reports says that this an *offer* to buy the company.
> The news reports also say that discussions between the CEO took place in
> early September and that Atmel's Board of Directors *declined* the offer at
> that time.
Yes, that did happen in September, this happened yesterday (Oct 2/2008):
http://www.eetimes.eu/showArticle.jhtml?articleID=210605347&cid=NL_eeteu"We feel our offer is too compelling not to take it to shareholders," said
Steve Sanghi, chairman, president and CEO at Microchip, during a conference
call with analysts following the announcement of the offer on Thursday (Oct.
2). "We came to this point after we heard from Atmel that they were not
interested."
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