RF Micro Devices To Buy TriQuint Semiconductor

RF Micro Devices Inc. (Nasdaq: RFMD) will pay approximately $1.6 billion in stock to acquire TriQuint Semiconductor Inc. (Nasdaq: TQNT). Shares of RF Micro Devices soared 98 cents to $6.79 while TriQuint stock jumped $2.10 to $11.33.


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