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EZchip-Mellanox Deal: Most Difficult Phase Is Still Ahead
2016-01-12 01:13:56| Electronics - Topix.net
The all-Israeli merger between EZchip and Mellanox passed another important milestone last week on its way to final approval and execution. EZchip's largest shareholder, Raging Capital, which holds almost eight percent of the company's shares, removed its resistance to the deal and announced that since the Go Shop period did not attract any higher bidders for EZchip, under the current circumstances, it approved the deal and recommended that EZchip shareholders vote for it.
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Category:Electronics and Electrical