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Broadcom going after Emulex
- Posted by Stephanie
on Tue 04/21/2009 8:56 AM
Broadcom has announced plans for an unsolicited offer to buy Emulex for $764 million. And this is a few months after Emulex rebuffed its merger proposal. According to Broadcom, the $9.25-a-share offer represents a 40% acquisition...
- 0 votes | 230 views | 0 corp postings| 1 comments
Emulex wants to reject Broadcom offer
- Posted by Jasmine
on Fri 05/15/2009 11:30 AM
Emulex's board has recommended that shareholders reject the tender offer of $9.25 per share, or $764 million, Broadcom. Emulex already turned down a cash offer of the same amount, alleging that Broadcom is taking advantage of the...
- 0 votes | 268 views | 0 corp postings| 1 comments
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