ON Semiconductor to buy Fairchild in $2.4 bln deal

Nov 18 ON Semiconductor Corp said it would buy Fairchild Semiconductor International Inc in a $2.4 billion deal, the latest in a rapidly consolidating semiconductor industry.
The offer of $20 per share represents a premium of nearly 12 percent to Fairchild Semiconductor's Tuesday close. (Reporting by Devika Krishna Kumar in Bengaluru; Editing by Saumyadeb Chakrabarty)


http://www.reuters.com/article/2015/11/18/fairchild-semico-ma-idUSL3N13D3MR20151118