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Microchip Technology owns 6.1% of Supertex
By Lisa Kerner
Charlotte, N.C., March 13 - Microchip Technology Inc. purchased 88,800 shares of Supertex, Inc. common stock between Jan. 20 and March 11 through the exercise of put options previously sold by Microchip, according to a schedule 13D filed with the Securities and Exchange Commission.
Each share was purchased for $22.50 or $25.00.
The investor beneficially owns 786,200 shares, or 6.1%, of the Sunnyvale, Calif., mixed signal semiconductor manufacturer.
Microchip Technology is a Chandler, Ariz.-based semiconductor producer.
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