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VISHAY-INTERTECHNOLOGY

The Wire

Vishay to spin off 2 businesses to shareholders

Vishay Intertechnology Inc. said Tuesday it plans to spin off its measurements and foil resistor businesses into an independent, publicly traded company called Vishay Precision Group Inc.

Vishay raises offer for International Rectifier

Chip maker Vishay Intertechnology Inc. said Wednesday it has raised its all-cash bid for power management chip maker International Rectifier Corp. and will take the $1.7 billion offer directly to shareholders.

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