If Microchip does not consummate the Merger on or prior to June 1, 2019, Microchip will be required to redeem each series of notes at a redemption price equal to 101% of the principal amount of ...

Microchip Technology will lay off 2,000 workers in Gresham, Colorado and the Philippines. It employs about 850 at its Gresham facility, which it calls Fab 4.

Microchip said Monday the 2,000 layoffs will save $80 million to $90 million on an annual basis. In addition to Oregon and Colorado, Microchip will lay off workers at a factory in the Philippines ...