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[ZZZ Chip Maker] Proposes to Acquire [YYY Chip Maker] for $60.00 per Share in Cash and Stock in Transaction Valued at $230 Billion

[ZZZ Chip Maker] Proposes to Acquire [YYY Chip Maker] for $60.00 per Share in Cash and Stock in Transaction Valued at $230 Billion

PR Newswire

SAN FRANCISCO, Dec. 6, 2017 /PRNewswire/ — [ZZZ Chip Maker] (NASDAQ: ZZZC), a leading semiconductor device supplier to the wired, wireless, and industrial end markets, today announced a proposal to acquire all of the outstanding shares of YYY Chip Maker (NASDAQ: YYYC) for per share consideration of $60.00 in cash and stock.

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Under [ZZZ Chip Maker]‘s proposal, the $60.00 per share to be received by YYYC stockholders would consist of $60.00 in cash and $10.00 per share in ZZZC shares. [ZZZ Chip Maker]‘s proposal represents a 28% premium over the closing price of YYYC common stock on December 8, 2017, the last unaffected trading day prior to media speculation regarding a potential transaction, and a premium of 33% to YYYC’s unaffected 30-day volume-weighted average price. This is a test. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum.

“ZZZC’s proposal is compelling for stockholders in both companies. Our proposal provides YYYC stockholders with a substantial and immediate premium in cash for their shares, as well as the opportunity to participate in the upside potential of the combined company,” said John Doe, Chief Executive Officer of ZZZC. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum.

Boilerplate

Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. Lorem ipsum. These documents (if and when available) may be obtained free of charge from the SEC’s website http://www.sec.gov.

Investors:

Jande Dow

ZZZ Chip Maker

555-555-5555

investor.relations@zzzc.com

Media:

Agency contact @ Agency.agency.

555-555-5555

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SOURCE PRN TEST ACCOUNT

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