Atmel Shares Soar Following Announcement Of Sale

Shares of California-based semiconductor company Atmel Corp. surged in trading Monday after disclosing it has accepted an offer worth about $4.6 billion in cash and stock from Britain's Dialog Semiconductor, but Dialog shares fell sharply. Atmel shares jumped 92 cents, or 12.7 percent, to $8.19 in heavy trading - trading volume in Atmel shares was the second highest of any U.S.

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