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Examples
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The offer of $21.22 a share represents a 13% premium to International Rectifier's closing price Thursday.
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Rejects Vishay's Offer International Rectifier Corp. rejected a sweetened $23-a-share buyout bid from rival chip maker Vishay Intertechnology Inc., saying the new $1.7 billion offer "significantly undervalues" International Rectifier's prospects.
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International Rectifier's income has fallen year over year by an average of 50.9% over the past five quarters.
unknown title 2011
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International Rectifier's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
unknown title 2011
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International Rectifier's shares added 8 cents to close at $17.04 Tuesday, and jumped $1.16, or 6.8 percent, to $18.20 in aftermarket trading.
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International Rectifier's shares added 8 cents to close at $17.04 Tuesday, and jumped $1.16, or 6.8 percent, to $18.20 in aftermarket trading.
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The new bid represents a 9 percent premium to International Rectifier's closing price on Tuesday.
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The new bid represents a 9 percent premium to International Rectifier's closing price on Tuesday.
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The new bid represents a 9 percent premium to International Rectifier's closing price on Tuesday.
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"'We remain highly skeptical about the dramatic improvement reflected in International Rectifier's most recent business plan, which was announced shortly after we publicized our initial acquisition proposal," the company said.
EE Times-Asia 2008
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