Feb. 5 at 3:01 PM
$RNXT so today’s news of Mark Voll as new CFO: he saw three takeovers of tech companies. Techwell buys Intersil for cash at
$18.50, a 49% premium. Montage bought by PDSTI for
$21.50, a 25% premium, and Marvell acquiring Aquantia for
$13.08, a 36% premium. All these companies were tech stocks, one which was Chinese. What is the expectation here? Takeover?
I’m not thrilled with the premiums here. I hope this isn’t the plan right now.