Predicted something like this was coming last month
Here's what I wrote on Jan 30 - got it wrong on Blackrock getting RFMD to sell, instead they pushed the Triquint merger - better for RFMD shareholders or not remains to be seen, but at least they finally did something to get this moribund stock moving:
Just found this tidbit - Blackrock going to make demands for seats on BOD or try to get RFMD to sell itself to the highest bidder? They don't take 10%+ positions just to sit on their hands! "It should also be mentioned that earlier in the month, it was noticed that BlackRock, Inc (NYSE: BLK) now owns 28.8 million shares or 10.2% of all outstanding shares of RF Micro Devices according to an SEC filing - up from last February when it reported holding 23.4 million shares for an 8.4% stake.