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Maxim Integrated Products, Inc. stock price
Maxim Integrated Products, Inc. latest news:
Japan's Renesas dismisses report on talks to buy Maxim
TOKYO (Reuters) - Renesas Electronics Corp dismissed a media report that said the Japanese automotive chip maker was in talks to acquire U.S. chipmaker Maxim Integrated Products Inc.
Japan's Renesas in talks to buy chipmaker Maxim in deal worth up to $20 billion: CNBC
TOKYO (Reuters) - Japanese automotive chip maker Renesas Electronics Corp is in talks to acquire U.S. chipmaker Maxim Integrated Products Inc in a deal that could be valued up to $20 billion, CNBC reported.
Renesas in talks to acquire Maxim Integrated for close to $20 billion: report
Japan-based Renesas Electronics Corp. is in discussions to buy Maxim Integrated Products Inc. for what could be near $20 billion, CNBC reported late Monday. Maxim stock rose 12.6% to $66.43 during the regular session and was up nearly 1% to $67 after hours. Citing anonymous sources CNBC reported the talks aren't close to completion and a deal may not fall into place. Investors value Maxim at $16.61 billion by market capitalization. Maxim stock is up 62% this year, as the S&P 500 index has gained 25%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Japan's Renesas in talks to buy U.S. chipmaker Maxim - CNBC
Japanese chip company Renesas Electronics Corp (RNECF) is in talks to acquire U.S. chipmaker Maxim Integrated Products Inc (MXIM) in a deal that could be valued up to $20 billion, CNBC reported on Monday. A deal is not imminent and one may not happen, CNBC said. http://cnb.cx/2nrkjIe. Neither company was immediately available for comment when contacted by Reuters.
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