TITLE

Atmel board nominees change tactics as shareholder vote nears

AUTHOR(S)
Taylor, Colleen
PUB. DATE
May 2007
SOURCE
Electronic News;5/14/2007, Vol. 53 Issue 20, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the additions to Atmel Corp.'s board of directors nominated by ousted Chief Executive Officer (CEO) George Perlegos have changed their tactics in a move to up their chances of getting shareholder approval to gain control over the integrated circuit (IC) maker. Perlegos launched an aggressive campaign to replace Atmel's board and restructure its business model. For its part, Atmel's current board has vehemently opposed Perlegos' proposal.
ACCESSION #
25158572

 

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