Cypress Semiconductor Corporation (NASDAQ:CY) and Ramtron International Corporation (NASDAQ:RMTR) have entered into a definitive merger agreement under which Cypress will acquire all outstanding stock of Ramtron at a price of 3.10 per share in cash. The transaction, valued at approximately 109.8 million (excluding assumed debt and options and including shares previously acquired by Cypress), represents a premium of 71% to Ramtrons closing price of 1.81 per share on June 11, 2012, the day before Cypress publicly disclosed its offer for Ramtron. The Boards of Directors of both Cypress and Ramtron have approved the transaction. Ramtrons Board of Directors unanimously recommends that Ramtron stockholders tender their shares in Cypresss increased tender offer. Crown Equity Holdings Inc. (CRWE) CRWE has launched a online service company CRWE Direct. CRWE Direct (www.crwedirect.com) is an online business-to-business marketplace for manufacturers and small to large businesses to purchase various types of merchandise. Manufacturers may start downloading their product immediately, free of charge during the next six months. Thereafter, there will be various annual fees. The listing process and image loading for both sites are user-friendly. CRWE
offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com. PAR Technology Corporation (NYSE:PAR) reported that the U.S. Navy awarded its subsidiary, Rome Research Corporation (RRC), a contract to provide telecommunications operations and maintenance services at the Global Information Grid (GIG) facility in Souda Bay on the island of Crete, Greece. The value of the contract is 2.4 million. RRC operates other communications facilities for the Navy in the United States and throughout the world. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: CRWENewsWire.in publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. (Read Full Disclaimer at http://crwenewswire.in/disclaimer).