Texas Instruments to buy National Semiconductor for $6.5b

[Matthew DeCarlo]

Texas Instruments today signed an agreement to purchase fellow chipmaker National Semiconductor for $6.5 billion or about $25 per share, a hefty premium over National's closing price today of $14.07. The all-cash transaction has already been approved by both company boards but remains subject to approval by National's shareholders as well as U.S. and international regulators.

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[Lokalaskurar]

Originally by Johann Wolfgang von Goethe:
"Let everyone sweep in front of his own door, and the whole world will be clean."

Texas Instruments still has flaws in its company management that needs to be fixed before any "development" can be made within the company. At best, or so some people hope, the NA-board could clean up the place a little. And as Goethe once said, if we all pull our own weight, cooperation will be easy as pie.