Microsemi: Investor's Suit Over $10B Microsemi Acquisition Trimmed
An Arizona federal judge trimmed an investor's suit accusing computer chip manufacturer Microchip Technology Inc. and its top brass of misleading shareholders about its $10 billion acquisition of competitor Microsemi Corp., preserving just 13 of Microchip's 52 alleged misstatements Wednesday.
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Microsemi provides semiconductor and system solutions for aerospace and defense, communications, data center and industrial markets.
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