Skadden helps PMC-Sierra in $2 billion sale to Skyworks Solutions
Skadden, Arps, Slate, Meagher & Flom provided counsel to fabless semiconductor company PMC-Sierra Inc. in its $2 billion acquisition by semiconductor manufacturer Skyworks Solutions Inc. Shareholders of PMC Sierra, which is based in Sunnyvale, will receive $10.50 per share. The deal is expected to close in the first half of 2016.
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