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
|IBM disputes report of 112,000 layoffs|
|Are smart drugs driving Silicon Valley?|
|S&P cuts Russia's credit rating to junk|
|Northeast blizzard: What you need to know if you're traveling|
|I have a fiancé, a girlfriend and two boyfriends|