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MaxLinear Cashes Out Venture Capital Investors

socalTECH

The publicly held firm said it will repurchase 1.65M shares of its own stock, including 1,152,338 shares of its Class C common stock from Mission Ventures, and 500,000 shares of Class B common stock from US Venture Partners. The purchase price for the shares are $5.59 per share, totaling $9.2M.