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Fly News Breaks for December 22, 2016
TTDKY, INVN
Dec 22, 2016 | 07:26 EDT
Oppenheimer analyst Andrew Uerkwitz went to Not Rated on InvenSense (INVN) from his previous Perform, after the company announced that it has agreed to be acquired by TDK Corporation (TTDKY) for $13 per share. The analyst believes the price is fair, regulatory risk is low, and the deal is likely to go through.
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