Exar Corp. (NYSE: EXAR) will be acquired by MaxLinear Inc. (NYSE: MXL) in an all cash transaction valued at approximately $700 million. Shares of Exar soared $2.37 to close at $12.99 while MaxLinear stock climbed $1.44 to close at $27.95.
MaxLinear to buy Exar
March 29, 2017 at 18:10 PM EDT
