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Magnachip Semiconductor (MX) Offer in Mid-$20s or Above Could Get Deal Done - Oppenheimer

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MagnaChip (MX) Gains as LX Semicon Confirms Bid, Possible Carlyle Consortium

May 18, 2022 7:12 AM EDT

MagnaChip (NYSE: MX) is up 11% in pre-open trading Wednesday on reports LX Semicon, a unit of LX Group, confirmed it submitted a bid for the company.

The LX Semicon bid was submitted jointly with Carlyle, according to the Maeil Business Newspaper.

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