Shareholder alert: weiss law investigates silicon motion technology corporation

New york , june 21, 2022 /prnewswire/ -- weiss law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of silicon motion technology corporation ("silicon motion" or the "company") (nasdaq: simo), in connection with the proposed acquisition of the company by maxlinear, inc. ("maxlinear ") (nasdaq: mxl). under the terms of the merger agreement, the transaction consideration will consist of $93.54 in cash and 0.388 shares of maxlinear stock for each silicon motion ads (american depositary share), and $23.385 in cash and 0.097 shares of maxlinear common stock for each silicon motion ordinary share not represented by an ads.
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