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Stock Market & Financial Investment News

News Breaks
December 19, 2012
19:21 EDTIDTI, PLXTIntegrated Device, PLX Technology announce termination of proposed transaction
Integrated Device Technology (IDTI) and PLX Technology (PLXT) announced that they have mutually agreed to terminate their merger agreement pursuant to which IDT would acquire PLX Technology. Concurrently, IDT also announced that it is withdrawing its related exchange offer to acquire all of the issued and outstanding shares of common stock, $0.001 par value, of PLX Technology and instructed Computershare, the exchange agent for the exchange offer, to promptly return all previously tendered shares. The decision to terminate the merger agreement and withdraw the exchange offer was made in response to a determination by the FTC to file an administrative complaint challenging IDT's proposed acquisition of PLX Technology and the absence of a clear path for the parties to complete the proposed transaction.
News For IDTI;PLXT From The Last 14 Days
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August 13, 2014
13:58 EDTPLXTGabelli liquidates stake in PLX Technology
As of July 3, Gabelli had an 8.45% stake.
August 11, 2014
11:04 EDTIDTIIntegrated Device management to meet with Craig-Hallum
Meetings to be held in the Mid-Atlantic area on August 14 and in New York on August 15 hosted by Craig-Hallum.

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