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Microchip Technology owns 9.2% of Supertex
By Lisa Kerner
Charlotte, N.C., March 24 - Microchip Technology Inc. purchased 401,200 shares of Supertex, Inc. common stock on March 20 for $25 each through the exercise of put options previously sold by Microchip, according to a schedule 13D filed with the Securities and Exchange Commission on Tuesday.
Between Jan. 20 and March 11, Microchip purchased 88,800 shares through the exercise of put options, a prior SEC filing said.
The investor beneficially owns 1,187,400 shares, or 9.2%, of the Sunnyvale, Calif., mixed signal semiconductor manufacturer.
Microchip is a Chandler, Ariz.-based semiconductor producer.
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