Ramtron - FRAM - ESRAM (RMTR)

[mlkrborn]

Cypress to acquire Ramtron for $3.10 per Share in Cash...RMTR halted (RMTR) 2.87 : Cypress Semi (CY) and Ramtron (RMTR) have entered into a definitive merger agreement under which Cypress will acquire all outstanding stock of Ramtron at $3.10/sh in cash. The transaction represents a premium of 71% to Ramtron's closing price of $1.81 on June 11, the day before Cypress publicly disclosed its offer for Ramtron. The Boards of Directors of both Cypress and Ramtron have approved the transaction. The transaction is expected to close by the end of the calendar year.