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Corporate

Nov. 13, 2013

MoFo guides Tsinghua Unigroup's $910 million buy

Firm represents investment arm of Tsinghua University in its purchase of RDA Microelectronics Inc., a Shanghai-based and U.S.-listed chipmaker.


By Andrew McIntyre


Daily Journal Staff Writer


Morrison & Foerster LLP attorneys in the Bay Area represented Tsinghua Unigroup Ltd., the Chinese state-owned investment arm of Tsinghua University in its $910 million buyout of U.S.-listed Chinese chipmaker RDA Microelectronics Inc. in a deal announced Monday.


Per terms of the merger, Tsinghua Unigroup, based in Beijing, will pay RDA shareholders $18.50 per share. That's 33 percent above R...

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