Infineon to acquire Cypress Semiconductor for $10B

Cypress Semiconductor will hold a stockholder vote on August 27 to approve Infineon Technologies' acquisition of Cypress for $23.85 per share in cash, valuing the deal at approximately $10 billion.

“Cypress Semiconductor Corp. will hold a special meeting of stockholders on 27 August to approve a deal which provides for German chipmaker Infineon Technologies AG to acquire Cypress for USD 23.85 per share in cash.”thefreelibrary.com

• 3 sources
• thefreelibrary.comDeal snapshot: CYPRESS SCHEDULES STOCKHOLDER VOTE ON INFINEON MERGER. - Free Online LibraryAug 8, 2019
• streetinsider.comCypress Semiconductor (CY) shareholders approve merger with InfineonAug 27, 2019
• manilastandard.netPCC clears merger of Infineon, CypressOthel V. CamposAug 29, 2019

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