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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 67.76-0.1%3:59 PM EDT

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To: Elroy who wrote (2575)7/20/2022 4:40:18 PM
From: Rarebird  Read Replies (1) of 2592
 
Based on the numbers for the take out of SIMO, the stock is trading at a very big discount to the MXL offer. In other words, the market does not expect this deal to go through.

Do you expect SIMO shareholders to approve of the MXL take over? The big question is whether China would allow MXL to acquire SIMO. Again, the market is saying this deal won't get approved.

Why would SIMO executives even consent to being acquired? Must be getting away from Chinese regulations and the synergies with MXL.
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