SMSC Declines to Increase Price for Conexant

Loading...
Loading...
SMSC
SMSC
announced today that it does not plan to increase its offer for Conexant Systems Inc.
CNXT
above $2.25 per share in response to a proposal from Golden Gate Capital. SMSC also announced that it has agreed to waive the “match period” under the merger agreement.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsM&AInformation TechnologySemiconductors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...