Takeover rumors are looming over Wall Street this morning for a possible takeover deal between Samsung and Rambus (NASDAQ: RMBS). "Rambus shares have not yet seen an explosive move to the upside so there is still time to get in." said a Wall Street Analyst. The whisper number on the street is US$2.5 Billion for Rambus. This represents 22.31$/share or an 18.6% increase above current trading levels on RMBS.
Rambus designs chip architectures and licenses the designs to other companies. Samsung could greatly increase profit from acquiring Rambus. Lookout for an increase in call option volume on rambus. Any unusual activity could point to an imminent takeover.
