Ramtron rejects takeover bid by Cypress

Filed under: AM Roundup |

Colorado Springs-based Ramtron is recommending its stockholders unanimously reject a takeover bid by Cypress Semiconductor Corp., said the Denver Business Journal.

Cypress has made several bids to take over Ramtron. It’s latest offer was $2.88 in cash for every Ramtron share.

Read more at the Denver Business Journal.