Xilinx Hires Barclays to Work on Mellanox Bid -CNBC
08 November 2018 - 6:35AM
Dow Jones News
--Barclays has been hired by Xilinx Inc. (XLNX) to help advise
the technology company as it plans a bid for Mellanox Technologies
Ltd. (MLNX), CNBC reports Wednesday, citing people familiar with
the matter.
--A transaction, if one happens, is expected to be announced in
December, and may top $100 per share, the report said.
--Other parties may also be interested in acquiring computer
hardware manufacturer Mellanox, the report said.
--Xilinx and Barclays declined comment, according to CNBC.
Full story:
https://www.cnbc.com/2018/11/07/xilinx-working-with-barclays-to-buy-mellanox-possible-december-deal.html
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(END) Dow Jones Newswires
November 07, 2018 14:20 ET (19:20 GMT)
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