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Diane Alter
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RF Micro Devices (Nasdaq: RFMD) and TriQuint (Nasdaq: TQNT) Stocks Soar on Deal
While key industry players assembled today (Monday) in Barcelona for the Mobile World Congress, a key mobile chipmaker merger played out on Wall Street.
In a $1.6 billion all-stock deal, Greensboro, N.C.-based RF Micro Devices (Nasdaq: RFMD) agreed to acquire Hillsboro, Ore.-headquartered TriQuint Semiconductor Inc. (Nasdaq: TQNT).
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