Brief: Maxlinear To Vigorously Defend Termination Of Transaction With Silicon Motion

Silicon Motion Technology

16/08/2023 23:08

Aug 16 (Reuters) - Maxlinear Inc  MXL.O :
    * MAXLINEAR COMMENTS ON PREVIOUSLY TERMINATED TRANSACTION
WITH
SILICON MOTION
    * MAXLINEAR INC - COMMENTED ON RECENT ANNOUNCEMENT FROM
SILICON
MOTION REGARDING MAXLINEAR'S JULY 26, 2023 TERMINATION OF
PARTIES' MERGER AGREEMENT
    * MAXLINEAR INC - REMAINS ENTIRELY CONFIDENT IN ITS DECISION
TO
TERMINATE AGREEMENT
    * MAXLINEAR INC-  BELIEVES ANY ACTION FROM SILICON MOTION TO
PURSUE MONETARY DAMAGES FROM MAXLINEAR IS WITHOUT MERIT

Source text for Eikon:  ID:nBw8PhLyRa 
Further company coverage:  MXL.O 

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