Updated for latest prices. Adds information on Expedia, Cubist Pharmaceuticals, Questcor Pharmaceuticals, and Meru Networks.
NEW YORK ( TheStreet) -- A mammoth acquisition deal in the semiconductor space sparked a rally in other chip companies in Monday's after-hours action.
The consideration represents a premium of roughly 78% to the $14.07 closing price for National Semi's stock in the regular session. The shares haven't participated in the broad market's rally this past year, falling nearly 3%.
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