At 04:37 AM 11/24/2008, you wrote:
>The weird thing on this is that most of the times companies are not
>announcing these things until both parties agree on the transaction.
>
>Tamas

Well, it WAS a hostile bid, after Atmel rejected the idea in 
principle back in September as I recall.

Didn't the trade press and the stock market press all carry an item 
last week that ON had decided not to pursue the matter at all and the 
Microchip had withdrawn the offer? After all, Microchip were relying 
on ON semiconductor taking part of Atmel to have sufficient funds to 
be able to complete the deal, but I understand that part of the issue 
was that ON would need to raise some finance to carry off their part 
of it. SO now we can all go back to worrying about saving our own businesses!

John



>On Mon, Nov 24, 2008 at 6:58 AM, Forrest W Christian 
><forrestc@imach.com>wrote:
>
> > William "Chops" Westfield wrote:
> > > Old news (10/29, right?)
> > Yes, but I hadn't seen anything here about it.....  Last I had heard was
> > the Microchip press release.
> >
> > -forrest
> >
> >
> >
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