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$MCHP FY15 10-K: On May 7, 2015, MCHP had announced that it has signed a definitive agreement to acquire Micrel, Incorporated for $14 per share. Acquisition price represents a total equity value of approx. $839MM, and a total enterprise value of approx. $744MM, after excluding Micrel's cash and investments on its balance sheet of approx. $95MM.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.