Brief: Silicon Motion Technology Says Expects Maxlinear To Abide By Obligations Under Agreement

MaxLinear

27/07/2023 15:04

July 27 (Reuters) - Silicon Motion Technology  SIMOy.F :
    * SILICON MOTION REPUDIATES MAXLINEAR’S ALLEGATIONS AND
INTENDS TO
ENFORCE MERGER AGREEMENT
    * SILICON MOTION TECHNOLOGY - GOT ANTITRUST APPROVAL FROM
STATE
ADMINISTRATION FOR MARKET REGULATION IN PEOPLE'S REPUBLIC OF
CHINA IN DEAL WITH MAXLINEAR
    * SILICON MOTION TECHNOLOGY CORP - AFTER RECEIVING SAMR
APPROVAL,
SILICON MOTION RECEIVED A NOTICE OF PURPORTED TERMINATION OF
MERGER FROM MAXLINEAR
    * SILICON MOTION TECHNOLOGY CORP - EXPECTS MAXLINEAR TO
ABIDE BY
ITS OBLIGATION UNDER MERGER AGREEMENT AND INTENDS TO ENFORCE ITS
RIGHTS UNDER AGREEMENT

Source text for Eikon:  ID:nGNX2c5F8L 
Further company coverage:  MXL.O  [SIMOy.F>

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