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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 88.910.0%2:00 PM EST

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From: Elroy8/16/2023 8:16:21 AM
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Silicon Motion Terminates Merger Agreement with MaxLinear and Intends to Pursue Substantial Damages in Excess of the Agreement’s Termination Fee Due to MaxLinear’s Willful and Material Breaches of the Merger Agreement

finance.yahoo.com

key words - well in excess of the termination fee.

Off they go.......I wonder how the arbitration court will deal with the shareholder damage versus company damage topic?
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