ISSI Comments on Best and Final Offer from Cypress
ISSI Comments on Best and Final Offer from Cypress Recommends Stockholders Approve Acquisition by Uphill at $23.00 per Share PR Newswire MILPITAS, Calif., June 26, 2015 MILPITAS, Calif. , June 26, 2015 /PRNewswire/ — Integrated Silicon Solution, Inc. (ISSI), a global fabless semiconductor company, today acknowledged receipt of a “best and final” offer from Cypress Semiconductor Corporation (“Cypress”) to acquire ISSI for $22.60 per share in cash, together with an incremental ticking fee of $0.10 per share for each additional three months required to obtain regulatory approval for a transaction with Cypress which would begin to accrue daily starting on October 1, 2015 , up to a maximum of $0.20 per share […]