Texas Instruments' $25-a-share offer marked a 78% premium over National Semi's stock before the deal was announced.
The deal, expected to close this year, came at an opportune time for National Semi's shareholders. The chipmaker's stock plunged 60% in 2008, at the height of the financial crisis, and stubbornly remained in a $10-$14 range for the next two years. Meanwhile the S&P 500 (SPX) more than doubled from its March 2009 lows during that same time period.
The market has had its struggles in the first half of the year, but these 10 stocks are really making a stink. From RadioShack to AIG, here are the biggest losers so far in 2011. More
|Verizon offers union its 'last, best and final offer'|
|The company behind 'American Idol' has filed for bankruptcy|
|Premarkets: 5 things to know before the open|
|Priceline CEO out over affair with employee April 28|
|Carl Icahn sells huge Apple stake over China fears|