Tuesday, July 07, 2015

Omnivision Trades 20% Below Buyout Price

SeekingAlpha reports that Omnivision shares are traded at ~$24.5, about 20% "below the $29.75/share buyout price it agreed to with a Chinese investor group in April. Fears U.S. regulators will reject the deal have weighed on shares, as have shareholder suits attempting to stop it on the grounds it undervalued OmniVision."

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