Omnivision Gets $1.64B Takeover Offer

Fox Business News, Seeking Alpha, WSJ, Barron's: Omnivision says it received a $1.64 billion takeover offer from a Chinese investor group led by Hua Capital Management Ltd. The investor group includes state-owned Shanghai Pudong Science and Technology Investment Co. Omnivision's board is reviewing Hua's proposal, and has made no decision yet.

Update: Here is the official Omnivision statement on the offer.

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