Magnachip jumps on report of takeover interest from Korea's LX Group

Apr. 26, 2022 7:56 AM ETMagnachip Semiconductor Corporation (MX)By: Joshua Fineman, SA News Editor4 Comments

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  • Magnachip Semiconductor (NYSE:MX) rose 17% in premarket trading on a report that South Korea's LX Group is looking to acquire the company.
  • LX Group is expected to submit a letter of intent for Magnachip (MX) as early

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