Home › Xperi gets unsolicited cash bid worth USD 23.30 per share
 

Keywords :   


Xperi gets unsolicited cash bid worth USD 23.30 per share

2020-02-24 10:04:00| Telecompaper Headlines

(Telecompaper) Xperi said it has received an unsolicited bid from Metis Ventures, worth USD 23.30 per share in cash. The company earlier signed an all-stock merger deal with TiVo, giving TiVo a majority (53.5%) of the newly-created company, which would have just over USD 1 billion in revenue. Xperi said it talked internally about the Metis proposal and concluded that, due to the lack of information and current non-binding terms and conditions, it will probably not pursue the deal.

Tags: share cash worth usd

Category:Telecommunications

Latest from this category

All news
10.02Turning AI into Measurable Outcomes with Private Cloud
06.02How Proactive Threat Hunting Stopped INC Ransom Before the Alert
04.02Getting Started With AI: A Practical Path Forward
02.02Community Impact 2025: A Global Year of Giving Back
Telecommunications »
14.02This Week in Agribusiness, February 14, 2026
14.02This Week in Agribusiness, February 14, 2026
14.02Rising vet costs leave charity with 400k bill
14.02Is dining out dying out?
13.02Heathrow not crowded but people walk in 'wrong place', says boss
13.02Amazon's Ring ends deal with surveillance firm after backlash
13.02Andrew facing claim he shared Treasury document with banking contact
13.02Head of Dubai-based ports giant quits after Epstein links revealed
More »