NEW YORK (Thomson Financial) - Jazz Technologies Wednesday said it had
initiated a review of strategic alternatives in order to enhance stockholder
value.
The company said it has hired UBS Securities as its financial advisor.
Jazz Technologies is a Newport Beach, Calif.-based semiconductor foundry
that provides process technologies for the manufacture of analog and
mixed-signal semiconductor devices. Its stock closed Tuesday at $1.12.
Ryan Vlastelica
rv/vj
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|