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General

EZchip postpones shareholder vote on Mellanox takeover

Thursday 12 November 2015 | 14:54 CET | News
EZchip has agreed to postpone a vote on Mellanox's proposed takeover of the company, amid suggestions other suitors may be interested in the company. Days before the scheduled shareholders vote on the deal, the investor Raging Capital issued a statement saying it was aware of other interested bidders for EZchip, but claimed they were not given the opportunity to make a counter-offer. EZchip issued a statement calling for a retraction from Raging Capital, saying the latter was merely trying to dissuade shareholders from voting for the Mellanox offer. Furthermore it suggested that Raging

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Categories: General
Companies: EZchip Semiconductor / Mellanox Technologies
Countries: World
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