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."
There is no way anyone could ever buy RFMD in hostile take-over because management would turn on the free share printing presses full blast! You would run out of money before there machines would ever break down. They have told their mechanics the printing presses are their top priority!