Articles Tagged with ''agreement''

Mindspeed to sell assets of its wireless infrastructure unit to Intel

Mindspeed Technologies Inc., a leading supplier of semiconductor solutions for network infrastructure, announced that it has signed a definitive agreement to sell the assets of its wireless infrastructure business unit to Intel Corp. The asset sale was contemplated by the agreement and plan of merger with M/A-COM Technology Solutions Holdings Inc., announced on November 5, 2013.

Read More

Molex agrees to be acquired by Koch Industries for $7.2B

Molex Inc., a global electronic components company, announced that it has entered into a definitive agreement to be acquired by Koch Industries Inc., one of the world's largest and most successful private companies. Under the terms of the agreement, Koch Industries will acquire all of Molex's outstanding shares, including the Common Stock (MOLX), the Class A Common Stock (MOLXA) and the Class B Common Stock, for $38.50 per share in cash, for a total equity value of approximately $7.2 billion.

Read More