Morrison & Foerster and Wilson Sonsini Goodrich & Rosati have the lead roles on a $640 million deal that will see a group of Chinese investors acquire Nasdaq-listed semiconductor maker Integrated Silicon Solutions Inc.
The consortium, led by Chinese venture capital firm Summitview Capital, is offering to pay $19.25 apiece for Milpitas, California-based Integrated Silicon at $19.25 apiece, which is a 12 percent premium compared to the stock’s closing price on March 11. The consortium also includes Beijing-based chipmaker eTown MemTek Ltd., private equity firm Hua Capital Management Ltd. and Huaqing Jiye Investment Management Co. Ltd. The latter two are both controlled by state-owned Tsinghua University, one of the top universities in China.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
