How Will Infineon Technologies (IFNNY) Stock React To Possible $2 Billion Deal for U.S. Firm?

NEW YORK (TheStreet) -- Infineon Technologies (IFNNY)  , Germany's largest chip maker, is nearing an agreement to acquire a U.S.- based semiconductor company for about $2 billion, sources told Bloomberg.

A deal could be announced as early as today, sources added.

Shares of Infineon Technologies are down -2.29% to $11.30.

 

IFNNY Chart IFNNY data by YCharts

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