Fairchild Semiconductor Receives Unsolicited Bid
San Jose, Calif. – Fairchild Semiconductor International, Inc. (Nasdaq: FCS) (“Fairchild”) today acknowledged receipt of an unsolicited proposal to acquire all of the outstanding shares of common stock of Fairchild for $21.70 per share in cash (the “Proposal”). As previously announced on November 18, 2015, Fairchild entered into an Agreement and Plan of Merger, dated as…