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johnsyn

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johnsyn

Re: nicmar post# 178

Friday, 06/21/2013 8:45:29 AM

Friday, June 21, 2013 8:45:29 AM

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7:12 AM Spreadtrum Communications (SPRD) announces receipt of a non-binding $28.50/share cash acquisition offer from Tsinghua Holdings. Shares +7.6% premarket to $23.98. Kudos to SA Pro's Ashraf Eassa who just two weeks ago - with the stock under $20 - said he saw 55% upside in the shares.

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