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Monday, January 26, 2015

BRIEF-Taiwan's UMC unit Wavetek to merge with Epitron Technology, (NYSE: UMC)

United Microelectronics Corp * Says unit Wavetek Microelectronics to announce information on merger with Epitron Technology* Says each Wavetek newly issued share to be exchanged for 3.333 Epitron common sharesSource text on Eikon:Further company coverage:

United Microelectronics Corp. is principally engaged in the semiconductor foundry business. Shares of UMC traded higher by 0.4% or $0.01/share to $2.49. In the past year, the shares have traded as low as $1.94 and as high as $2.58. On average, 742289 shares of UMC exchange hands on a given day and today's volume is recorded at 1834139.