Scalper1 News
ON Semiconductor (ON) won’t enmesh itself in a bidding war for Fairchild Semiconductor (FCS) against Chinese interests tangentially tied to Tsinghua Unigroup, a Wedbush analyst said Thursday. Fairchild’s board is currently examining bids by ON and the Chinese interests, said Wedbush analyst Betsy Van Hees, who spoke with ON executives at the Consumer Electronics Show in Las Vegas. “ON believes its bid remains superior despite the 9% premium, and Scalper1 News
Scalper1 News