MagnaChip (MX) Falls After Being Told to Pause Merger Amid CFIUS Review
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MagnaChip (MX) Said it Needs Korean Approval for Wise Road Merger
June 17, 2021 7:04 AM EDTMagnaChip (NYSE: MX) is down 5% in pre-open trade after disclosing it needs Korean approval for the Wise Road Capital merger.
From the filing:
June 16, 2021, Magnachip Semiconductor, Ltd., the Korean operating subsidiary of the Company (MSK), received a letter from the Korean Ministry of Trade,... More
