WT Micro Resists WPG Takeover Bid
WPG Holdings Co.’s bid to acquire a 30 percent stake in rival distributor WT Microelectronics Co. is meeting resistance from WT Micro executives and workers. During a late November media briefing in Taiwan, WT Micro vowed to resist the takeover. WT Microelectronics will never relinquish control of the company’s operations but will safeguard the interests…