Latest Breaking News On - ப்ரோட்ஸ்கேய் ஸ்மித் - Page 1 : comparemela.com

2 hours ago On Thursday, a stockholder filed a complaint in the Southern District of New York against MagnaChip Semiconductor Corporation and its Board of Directors for alleged securities violations relating to the proposed sale of the company to a private equity company. According to the complaint, the instant action arises from the defendants’ efforts to sell MagnaChip to “Southern Dearborn Limited (‘Parent’), and Michigan Merger Sub, Inc. (‘Merger Sub,’ and collectively with Parent ‘Wise Road’) as a result of an unfair process for an unfair price and to enjoin an upcoming stockholder vote on a proposed all cash transaction acquiring all of the Company’s remaining outstanding shares, valued at approximately $1.4 billion (the ‘Proposed Transaction’).”

New yorkUnited statesBrodsky smithMagnachip to southern dearborn limited parentExchange commissionMagnachip semiconductor corporationMichigan merger sub incSouthern districtDearborn limitedMichigan merger subMerger subWise roadProposed transactionMerger agreementWise road capitalProxy statement