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Mellanox Technologies (MLNX) Reaffirms $25.50/Share Bid for EZchip Semi (EZCH)
November 12, 2015 7:49 AM ESTMellanox Technologies (Nasdaq: MLNX) announced that it has sent a letter to EZchip Semiconductor Ltd. (Nasdaq: EZCH) requesting amendments to the terms of the definitive merger agreement under which Mellanox will acquire EZchip, as well as the postponement of the vote on the merger transaction and the removal from the agenda of the approval of the transaction at EZchips November 12, 2015 Annual General Meeting.
Mellanox also reaffirmed its full, fair and firm offer of $25.50 per EZchip share, which represents a premium of 16% over the closing price of EZchip... More
