February 16, 2016 Mr. Hung Le Dear Hung:Exar Corp • April 13th, 2017 • Semiconductors & related devices
This letter sets forth the terms of the agreement between you and Exar Corporation (“Exar”) with respect to severance benefits you may be entitled to receive upon certain terminations of your employment following a change in control of Exar.
April 13, 2017Merger Agreement • April 13th, 2017 • Exar Corp • Semiconductors & related devices
We are pleased to inform you that on March 28, 2017, Exar Corporation (“Exar”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with MaxLinear, Inc. (“MaxLinear”) and its wholly-owned subsidiary Eagle Acquisition Corp. (the “Purchaser”), pursuant to which the Purchaser has commenced a tender offer (the “Offer”) to acquire all outstanding shares of our common stock for a price per share of $13.00 in cash (the “Consideration”).
