MIP Tech to Get $8.01/Share in Net Proceeds from Recapitilzation
February 05, 2013 at 16:34 PM EST
MIPS Technologies, Inc. (Nasdaq: MIPS ), a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications, today announced that each holder of MIPS common stock will receive $6.21 in cash and 0.226276 shares of MIPS' common stock in the previously announced proposed recapitalization. As a result, the aggregate