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Fly News Breaks for March 5, 2018
MCHP, MSCC
Mar 5, 2018 | 06:59 EDT
BMO Capital analyst Ambrish Srivastava downgraded Microsemi (MSCC) to Market Perform from Outperform following the bid by Microchip (MCHP) at $68.78 per share. Srivastava adds that he does anticipate a potential competitive bid for the company.