Zoran eschews options for restricted stock in proposed exchange(0)
Sunnyvale chip-maker Zoran’s board of directors last week approved a plan to exchange shares held in underwater options for a lesser number of shares of restricted stock, according to a preliminary proxy filing the company made today in advance of its June 26 annual meeting, where it will ask shareholders to approve the plan.
“Like many semiconductor companies, our stock price has experienced Read the rest of this entry »
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