Actionable news
All posts from Actionable news
Actionable news in XLNX: Xilinx, Inc.,

Buy Xilinx (XLNX) Stock On M&A Opportunity, Dialectic Co-Founder Fichthorn Tells CNBC

NEW YORK (TheStreet) -- Invest in tech programming device maker Xilinx (XLNX) on the likelihood that it will be purchased, Dialectic Capital Management Co-Founder John Fichthorn said on CNBC's "Fast Money: Halftime Report" Tuesday.

"We own it for the M&A play and have for awhile," Fichthorn stated.

Plus, Xilinx is a "good company," he noted.

Likely buyers may be Telecom Italia SpA (TI), Fichthorn suggested, but "definitely not Intel (INTC)."

Telecom Italia is an Italian operator of fixed voice and data infrastructure and provider of mobile network platforms.

However, Fichthorn is "not sure" what company will "ultimately pull the trigger."

Fichthorn financed the...