Tuesday, March 22, 2016

Apple confirms it held talks to buy Imagination Technologies

US tech firm confirms earlier discussions with British chip-maker but says it has no plans to make an offer

Apple has confirmed that it held takeover talks with struggling British chip-maker Imagination Technologies.

In a statement to the stock market, Apple, which owns nearly 10% of the smaller firm, said a takeover had been discussed.

Related: Imagination Technologies jumps on Apple takeover talk

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from Mergers and acquisitions | The Guardian http://ift.tt/1ZoJ97o

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