TWLL halt reason>Intersil To Buy Techwell For $18.50 Shr
10:18 (Dow Jones) Intersil (ISIL) and Techwell (TWLL) shares are both halted
and analysts say that could mean the two may soon be announcing a merger. ISIL
has been fairly acquisitive lately, and has signaled a desire to do bigger
deals, one analyst noted, adding that both ISIL and TWLL are fabless
semiconductor companies. Another analyst says he's not sure how compatible the
two would be, but the share halting does suggest merger news could be coming.
When asked what he thought about the talk, Morgan Keegan's Harsh Kumar says
such an assumption would be pure speculation at this time. Neither company
could be reached for comment. (jennifer.cummings@dowjones.com)
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