[September 07, 2009] Abu Dhabi To Acquire Chartered Semiconductor Manufacturing Ltd. (CHRT) Tweet Sep 07, 2009 (SmarTrend(R) News Watch via COMTEX) -- 9/7/2009-According to a report from Bloomberg, Abu Dhabi has entered into a definitive agreement to acquire Singapore's state-operated Chartered Semiconductor Manufacturing (NASDAQ:CHRT). The deal is valued at approximately S$2.5 billion ($1.8 billion USD). The Abu Dhabi firm, Advanced Technology Investment Co., will pay S$2.68 per share in cash, which is two cents above the chipmaker's closing price on September 4. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html [ Back To TMCnet.com's Homepage ]