7/17/2008

CATS introduced on 02/05/08 for $3.60

CATS was introduced on 02/05/08 for $3.60 http://www.shadowstock.com/ss_portfolio.html

on ShadowStock.com http://www.shadowstock.com/index.html


This ShadowStock received a take over today from ON Semiconductor and will pay 0.706 of its own shares, worth $8.84 each at Wednesday's close, for each share of Santa Clara-based Catalyst stock. The price represents a 53 percent premium to Catalyst's closing price of $4.06. CATS closed today at $6.45.

"Phoenix-based ON (Nasdaq:ONNN) plans to add Catalyst's analog and mixed-signal chips to its own similar product line. ON Semiconductor will pay 0.706 of its own shares, worth $8.84 each at Wednesday's close, for each share of Santa Clara-based Catalyst stock. The price represents a 53 percent premium to Catalyst's closing price of $4.06.
Catalyst shares soared $2.20, or 54.2 percent, to $6.26 in Thursday morning trading. ON Semiconductor shares rose 28 cents, or 3.2 percent, to $9.12. "

http://phoenix.bizjournals.com/phoenix/stories/2008/07/14/daily51.html?ana=yfcpc