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Technology Stocks : EZchip Semiconductor

EZCH 25.49

0.0%

Feb 23 4:00 PM EST

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To: The Ox who wrote (2533)	11/12/2015 11:59:01 AM
From: w0z	4 Recommendations of 2675

Should have been done this way from the very beginning...Eyal's aggressiveness and a weak board's fingerprints are apparent on the original agreement. Here's an extract from another acquisition announced today: "Under the terms of the Agreement, ANADIGICS may solicit superior proposals from third parties for a "go-shop" period of 25 calendar days continuing through December 6, 2015. It is not anticipated that any developments will be disclosed with regard to this process unless and until ANADIGICS' board of directors makes a decision to pursue a potential superior proposal. Needham & Company, LLC, financial advisor to ANADIGICS, will assist with the go-shop process. There are no guarantees that this process will result in a superior proposal. The Agreement provides GaAs Labs with a customary right to match a superior proposal. The Agreement also provides for certain break-up fees payable to GaAs Labs in connection with the termination of the Agreement under certain circumstances." And P.S. for NapaDoc: Don't rule out keeping it independent until the results of the board election are known. Hopefully that will be very soon.

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