I'm sure there are plenty of US companies champing at the bit to acquire a company like CSR to enable them to implement a tax inversion before the US government clamp down on them. Not sure if that would do CSR any favours, though.
Brit chip biz CSR rebuffs US takeover bid from Microchip Technologies
Fabless Bluetooth chip firm CSR, the second biggest chip design company in Cambridge, has rebuffed a takeover bid by customer and partner Microchip Technology. The failed bid has trigged another round of CSR thinking about putting itself up for sale, and given its history of a roller-coaster share price, now might be a very …
COMMENTS
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Saturday 30th August 2014 11:47 GMT Chris Evans
"30 per cent " massive?
"30 per cent" jump in a share price isn't massive! I'd say the change would have to be 100%+ to be considered massive.
The bigger a company is the smaller a price change would need be to be considered very significant. CSR is big, but not that big. Even with the price rise they are still considered 'Small Cap' by many financial sites.