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

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To: w0z who wrote (2421)10/30/2015 7:10:21 AM
From: PaulAquino  Read Replies (2) of 2675
 
Raging Capital update

I was not aware of the following:

"If shareholders reject the deal, the Agreement of Merger will be terminated, no Termination Fee will be due, and EZchip will remain an independent public company with the opportunity to generate significantly more value for shareholders."

"The Merger Agreement contains certain termination rights for each of EZchip and the Company. In certain circumstances, EZchip will be required to pay the Company a termination fee of approximately $28.4 million in connection with the termination of the Merger Agreement and in certain other circumstances EZchip will be required to pay the Company an expense fee in connection with the termination of the Merger Agreement in an amount equal to the greater of (i) $3 million and (ii) up to $4 million of out of pocket fees and expenses incurred by the Company in connection with the Merger."

(page 2)

sec.gov

(Who is being untruthful now ?)
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