Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having previously looked at whether Cambridge-headquartered consumer electronics technology provider CSR plc (CSR) was the next London-listed stock set to be taken over, the situation has further developed with a statement from prospective acquirer, NASDAQ-listed Microchip Technology Inc. In the following I review that statement and the prospects for CSR.