Tuesday, April 12, 2011

AML Communications Agrees To Microsemi Bid

Camarillo-based AML Communications, the manufacturer of microelectronic and microwave assemblies, said this morning that it has signed a definitive agreement and plan of merger with Microsemi Corporation. AML said Microsemi has agreed to pay $2.50 per share in cash for the company. Microsemi beat out Anaren in its bid for AML. Anaren had earlier offered $2.15 per share in cash to acquire AML.

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