MagnaChip Semiconductor Corp

NYSE:MX   3:59:51 PM EDT
19.97
+0.29 (+1.47%)
4:00:00 PM EDT: $19.96 -0.01 (-0.05%)
Equity Financing / Related

Magnachip Confirms Receipt Of Unsolicited Proposal

Published: 06/11/2021 13:01 GMT
MagnaChip Semiconductor Corp (MX) - Magnachip Confirms Receipt of Unsolicited Proposal.
Magnachip Semiconductor - Confirmed Receipt of Unsolicited Proposal From Cornucopia Investment Partners on Behalf of Itself and a Group of Investors.
Magnachip Semiconductor - Unsolicited Proposal to Acquire All of Outstanding Shares of Co's Common Stock for $35.00 per Share in Cash.
Magnachip Semiconductor - Co's Board of Directors, in Consultation With Legal and Financial Advisors, Will Carefully Review and Consider Proposal.