Brief: Magnachip Semiconductor - On June 17, Cornucopia Wrote Letter To Co's Board Noting They Will Have To Modify Financing Plan For Takeover Proposal

MagnaChip Semiconductor

09/07/2021 21:53

July 9 (Reuters) - MagnaChip Semiconductor Corp  MX.N :
    * MAGNACHIP SEMICONDUCTOR - ON JUNE 17, CORNUCOPIA WROTE
LETTER TO
CO'S BOARD NOTING THEY WILL HAVE TO MODIFY FINANCING PLAN FOR
TAKEOVER PROPOSAL
    * MAGNACHIP SEMICONDUCTOR - CORNUCOPIA WILL HAVE TO MODIFY
FINANCING PLAN IN LIGHT OF RECENT U.S. REGULATORY DEVELOPMENTS
SINCE SUBMISSION OF PROPOSAL
    * MAGNACHIP SEMICONDUCTOR - NOT RECEIVED ANY FURTHER
COMMUNICATIONS FROM CORNUCOPIA SINCE THEIR LETTER DATED JUNE 17

Source text for Eikon: [https://bit.ly/3hv7dXT]
Further company coverage:  MX.N 

 ((Reuters.Briefs@thomsonreuters.com;))