Silicon Motion has $42 Upside and $9 Downside, Analyst Argues By Investing.com
© Reuters. By Investing.com Staff In May, Silicon Motion Technology (NASDAQ:) agreed to be acquired by MaxLinear Inc (NYSE:) in a cash and stock deal that is worth $107.31 per share ($93.54 in cash and 0.388 shares of MaxLinear common stock). However, with shares of Silicon Motion trading at just $67.93, the merger arb spread …
Silicon Motion has $42 Upside and $9 Downside, Analyst Argues By Investing.com Read More »