GigPeak shareholder drops challenge to IDT merger
A challenge to a $250m merger filed by a GigPeak shareholder has been dropped, paving the way for the semiconductor and software provider to join with Integrated Device Technology (IDT). A Delaware federal court determined that GigPeak offered shareholders enough information about the deal and closed the case.
By Cara Mannion (April 12, 2017, 2:40 PM EDT) -- A GigPeak Inc. shareholder dropped a challenge to the semiconductor and software firm's $250 million merger with Integrated Device Technology Inc., telling a Delaware federal court Tuesday that GigPeak released enough information about the deal to render the case moot....

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