Emulex Continues Fight Against Broadcom Takeover
June 17, 2009 (FinancialWire) — Emulex Corp. (NYSE: ELX) continues its fight against being bought out by Broadband Corp. (NASDAQ: BRCM).
This week, Emulex filed definitive consent revocation materials and is mailing them to stockholders. The materials relate to a consent solicitation from Broadcom Corp. and its unsolicited, non-binding $9.25 per share tender offer, which Emulex’s board of directors unanimously determined are not in the best interests of Emulex stockholders.
Emulex is a leader in converged networking solutions for the data center.
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