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RF Micro, TriQuint Semi combining in $1.56B deal

By Washington Examiner
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GREENSBORO, N.C. (AP) — Chip maker RF Micro Devices Inc. and TriQuint Semiconductor Inc. are combining in an all-stock deal valued at about $1.56 billion.

The deal announced Monday represents an implied price of $9.73 for each TriQuint share. This is a 5 percent premium to the company’s Friday closing price of $9.23.

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