Texas Instruments to buy National Semiconductor at $25 a share
Texas Instruments have confirmed it will buy National Semiconductor for $25 per share which is a 78% premium to the close seen on Monday.
Texas Instruments Inc. is buying National Semiconductor for $6.5 billion US in a marriage of two of the world's premier makers of analog chips, which are widely used in electronics to transform signals such as sound into digital form that computers can understand.