PMC-Sierra Has Held Talks With Potential Buyers -Reuters
April 04 2012 - 4:56PM
Dow Jones News
PMC-Sierra Inc. (PMCS) held talks with potential buyers in
recent months, Reuters reported Wednesday, citing two people with
knowledge of the matter.
A deal with the chipmaker isn't imminent amid lack of interest
in its diverse portfolio, the sources told Reuters.
PMC didn't return calls for comment, while Goldman Sachs Group
Inc. (GS), which is advising the company on its strategic options,
declined to comment to Reuters.
Full story at
http://www.reuters.com/article/2012/04/04/us-pmcsierra-idUSBRE83316P20120404
-Dow Jones Newswires; 212-416-2900
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