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Semtech confirms discussions with Sierra Wireless
Semtech Corporation confirms that it is engaged in advanced discussions regarding a potential transaction with Sierra Wireless at a price of USD 31 per share.
In an update, Semtech says that no assurance can be given that these discussions will continue or that it will enter into any definitive agreement regarding any transaction – or when any such transaction would or could be consummated.
Semtech says that it won't comment on the matter further unless it enters into a binding, definitive agreement.
