March 2, 2018 / 1:48 PM / 3 months ago

BRIEF-Microsemi May Be Required To Pay Microchip Termination Fee Of $290 Mln

March 2 (Reuters) - Microchip Technology Inc:

* MICROSEMI CORP - IN TERMINATION OF DEAL UNDER CERTAIN CIRCUMSTANCES, MICROSEMI MAY BE REQUIRED TO PAY MICROCHIP FEE OF $290 MILLION - SEC FILING

* MICROSEMI - AGREEMENT REQUIRES CO TO REIMBURSE MICROCHIP FOR UP TO $35 MILLION OF EXPENSES INCURRED RELATED TO DEAL IF STOCKHOLDERS DO NOT APPROVE DEAL Source text: (bit.ly/2F5DlM5) Further company coverage:

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