International Rectifier News
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23 hrs ago | Investor's Business Daily
International Rectifier, IRA , a world leader in power management technology, today introduced the automotive-qualified AUIRB24427S high current dual low-side driver IC for Switched Mode Power Supply applications used in Hybrid Electrical Vehicles , Electric Vehicles , and high power industrial converters.
Infineon Technologies will buy California-based International Rectifier for about $3 billion in cash, in a move described as the German company's biggest acquisition ever.
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of International Rectifier Corp. relating to the proposed buyout of the Company by Infineon Technologies AG .
The companies announced the purchase agreement on Wednesday. German chipmaker Infineon will pay $40 a share for El Segundo, Calif.-based International Rectifier, a 51% premium to its closing price on Tuesday.
's stock had its "average" rating reissued by stock analysts at S&P Equity Research in a report issued on Thursday.
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of International Rectifier Corporation by Infineon Technologies AG.
Juan E. Monteverde , a partner at Faruqi & Faruqi, LLP , a leading national securities firm headquartered in New York City, is investigating the Board of Directors of International Rectifier Corp. for potential breaches of fiduciary duties in connection with the sale of the Company to Infineon Technologies AG for approximately $3 billion in cash.
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of International Rectifier Corporation concerning the buyout by Infineon.
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On . In anticipation of this transaction which is expected to close late in the calendar year 2014 or early in the calendar year 2015 subject to regulatory approval, per fully diluted share for fiscal year 2013.
International Rectifier Corp. posted its quarterly earnings results on Wednesday.
The following audio is from a conference call that will begin on August 20, 2014 at 17:00 PM ET.
German chipmaker Infineon announced on Wednesday that it had agreed to buy U.S.-based International Rectifier for about $3 billion in cash.
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Updated: Thu Aug 28, 2014 09:16 am
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