Microchip Technology sells shares, reduces stake in Supertex to 7.4%

By Lisa Kerner

Charlotte, N.C., Aug. 21 - Microchip Technology Inc. sold 233,951 shares of Supertex, Inc. common stock between July 22 and Aug. 21 priced from $24.51 to $26.16 each, according to a schedule 13D filed with the Securities and Exchange Commission on Friday.

The investor beneficially owns 953,449 shares, or 7.4%, of the Sunnyvale, Calif., mixed signal semiconductor manufacturer.

Microchip is a Chandler, Ariz.-based semiconductor producer.

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