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Home>Topics>>Telecom chipmaker PMC-Sierra (PMCS) has reached a deal with activist firm Relational Investors. Relational will be allowed to appoint one PMC board member - either its co-founder or Managing Director ...

Telecom chipmaker PMC-Sierra (PMCS) has reached a deal with activist firm Relational Investors. Relational will be allowed to appoint one PMC board member - either its co-founder or Managing Director ...

SeekingAlpha.com: SA Currents

Thu, 10 Jan 2013

Telecom chipmaker PMC-Sierra ( PMCS ) has reached a deal with activist firm Relational Investors. Relational will be allowed to appoint one PMC board member - either its co-founder or Managing Director - but has to commit to supporting all of PMC's board nominees. Relational owned 8.9% of PMC as of ...

Read the rest of this article on SeekingAlpha.com: SA Currents

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  1. PMC-Sierra
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