|05 Apr 2011||#1|
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Texas Instruments to buy National Semiconductor for $6.5b
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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