Silicon Motion Rejects MaxLinear's Termination of Merger
By Will Feuer Silicon Motion Technology said MaxLinear's termination of the companies' planned merger is invalid, setting up a fight between the two...
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By Will Feuer Silicon Motion Technology said MaxLinear's termination of the companies' planned merger is invalid, setting up a fight between the two...
TAIPEI, Taiwan, July 27, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion") today announced that Silicon Motion and MaxLinear, Inc. (NASDAQ:MXL) ("MaxLinear") received
Silicon Motion Technology Corp. (SIMO) shares are sliding more than 15 percent on Thursday morning trade after the company announced that it expects Maxliner Inc.
MaxLinear terminated its deal to buy Silicon Motion on Wednesday, hours after the unexpected news that Chinese regulators had approved the merger.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips MaxLinear has abandoned its plans to acquire Silicon Motion Technology. Here's why this is such…