[Reuters] Chipmaker RDA Microelectronics gets $15.50/ADS buyout offer

Posted by: UGN Security

[Reuters] Chipmaker RDA Microelectronics gets $15.50/ADS buyout offer - 09/27/13 10:21 AM

(Reuters) - RDA Microelectronics Inc said China's state-owned Shanghai Pudong Science and Technology Investment Co Ltd offered to buy the shares of the chipmaker it does not already own at $15.50 per American depositary share.