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2016-01-19

Epistar Denies Acquisition and Merger Rumors

Shortly after Epistar held its board meeting on Monday, numerous reports from Taiwanese media claimed the company was about to be merged. MLS, Philips and even Lumileds were named by speculators as potential buyers, following the reports Epistar’s shares climbed up to NT $29.5 (US $0.88) per share, reported TechNews. However, Epistar Spokesman Rider Chang has denied all these claims.
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