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Technology Stocks : EZchip Semiconductor
EZCH 25.490.0%Feb 23 4:00 PM EST

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PaulAquino
The Ox
To: The Ox who wrote (2299)10/22/2015 5:30:11 PM
From: FJB3 Recommendations   of 2675
 
8:17 am EZchip confirms that Raging Capital has submitted a request to nominate two candidates to stand for election at the Annual General Meeting of Shareholders ( EZCH) : The Board believes that Mellanox's fully financed, all-cash $25.50 per share offer provides shareholders with certain value today that EZchip's Board does not believe could be realized on a future standalone basis. The company states that as part of its ongoing effort to maximize value for EZchip shareholders, they are open to the perspective of shareholders and welcome their input. The Board is committed to overseeing the successful combination of EZchip and Mellanox Technologies, and remains confident that this transaction is in the best interest of all shareholders.
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