Silicon Motion Inc. (SIMO) Message Board

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Technology Stocks : Silicon Motion Inc. (SIMO)

SIMO 91.00

+0.1%

3:59 PM EST

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To: Sam who wrote (2554)	5/31/2022 7:54:12 PM
From: Elroy	of 2978

But SIMO can't run the company for MXL until the takeover actually happens. In the meantime, they should run it for their stockholders. So the dividend should be paid. SIMO didn't update next quarter of 2022 guidance when the deal was announced (and then they reported). SIMO also didn't hold their standard conference call and answer questions. So ..... if you ask me they are running the company now to close the deal, and not solely for the benefit of shareholders. I've heard that it's standard practice in situations like this (you are being acquired) to stop investor communications, and also stop paying dividends. We shall see.

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