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Technology Stocks : EZchip Semiconductor
EZCH 25.490.0%Feb 23 4:00 PM EST
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To: PaulAquino who wrote (2553)11/18/2015 12:31:38 PM
From: shlomi cohen1 Recommendation

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PaulAquino

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Shareholders Again Put Their Foot Down on Buyout -- Market Talk
18.11.2015, 15:23
8:23 ET - Towers Watson (TW) and Willis (WSH) postponing today's shareholder meetings on their planned merger--as WSJ is reporting--is the second time within a week that the move has been taken in the face of a deal getting rejected. On Thursday, EZchip (EZCH) postponed its vote at that day's annual meeting. It said then that Mellanox (MLNX) requested the delay and that a 30-day go-shop period would occur--an apparent effort to assuage shareholders that EZCH wasn't leaving money on the table in agreeing to getting bought out by MLNX. When announced June 30, the WSH offer valued TW 9% below the prior day's close. Both stocks are inactive premarket. ( kevin.kingsbury@wsj.com; @kevinkingsbury)

(END) Dow Jones Newswires 11-18-15 0823ET Copyright (c) 2015 Dow Jones & Company, Inc.
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