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Board of computer network gear maker Emulex rejects unsolicited takeover bid by rival Broadcom

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Board of computer network gear maker Emulex rejects unsolicited takeover bid by rival Broadcom Posted: May 4, 2009 9:42 PM
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Original Post: Board of computer network gear maker Emulex rejects unsolicited takeover bid by rival Broadcom
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Emulex board rejects Broadcom takeover bid COSTA MESA, Calif. — Computer network gear maker Emulex Corp. said Monday it has rejected an unsolicited $764 million takeover bid from rival chipmaker Broadcom Corp. The board of Costa Mesa-based Emulex unanimously determined Monday that the April 21 Broadcom proposal to acquire Emulex for $9.25 a share significantly undervalues the [...]

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