SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 91.00+0.1%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Elroy5/13/2022 2:18:30 PM
  Read Replies (1) of 2978
 
MaxLinear to Acquire Silicon Motion

Silicon Motion shareholders to receive $93.54 in cash and 0.388 shares of MaxLinear common stock per ADS, for total per ADS consideration of $114.34 (based on MaxLinear’s May 4, 2022 closing price), representing a 48% premium to the undisturbed market value as of April 22, 2022, in cash and stock transaction valuing Silicon Motion at $3.8 billion


Does anyone have any idea of the tax treatment of the 0.388 shares of MaxLinear common stock per SIMO ADS? Will it be a taxable sale of SIMO for MXL, or will it be a tax free exchange? Any idea??
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext