Brief: Gsi Technology receives unsolicited acquisition proposal

GSI Technology

05/06/2015 13:30

June 5 (Reuters) - GSI Technology Inc  GSIT.O : 
 * Receives unsolicited acquisition proposal 
 * Says the proposal appears to be similar to a previous proposal rejected by 
   Gsi technology's board in September 2014 
 * Received from GigOptix Inc unsolicited, non-binding, conditional proposal to 
   acquire co for consideration of $6.50 per share 
 * Board will promptly and carefully review and consider the latest GigOptix 
   proposal" 
 
 * Source text for Eikon  ID:nMKWzXGfga  
 
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