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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 65.38+2.0%3:59 PM EST

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From: Elroy8/21/2022 1:29:47 PM
   of 2620
Lets call the "deal gap" the amount that SIMO would appreciate from today's closing price to deal closure value if the MXL acquisition went through today.

Currently, the deal gap is 36.5%. It's the highest I can recall since I have been tracking the number.

In plain English, SIMO today is $79.75. If today SIMO received $93.54 cash + 0.388 shares of MXL for each share of SIMO, that "deal value" would be $108.88.

I think the deal is going to go through, but the market appears to disagree.
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