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thelurker

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thelurker

Re: None

Monday, 08/13/2007 4:48:40 PM

Monday, August 13, 2007 4:48:40 PM

Post# of 432731
EE Times: Semi News
ST may buy Infineon, says report

SAN JOSE, Calif. — Rumors are running rampant that STMicroelectronics Inc. may acquire Infineon Technologies AG, according to a report from Reuters.

There are rumors that ST (Geneva) will bid 12.50 euros per share for Infineon (Munich), according to the report. Shares at Infineon rose $0.25 to over $15.00 on Monday (August 13), based on the reports.

No other details are known about the rumors

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