Pericom Semiconductor Corp. (Nasdaq: PSEM) will
be acquired by Diodes Inc. (Nasdaq: DIOD) in an all cash deal valued at
approximately $400 million. Shares of Pericom leaped $4.59 to close at $16.77 while Diodes stock soared $2.23 to close at $21.81.
Diodes to buy Pericom
September 03, 2015 at 10:55 AM EDT