On Monday, activist hedge fund Lion Point Capital jointly announced a settlement with the Semtech Corporation. But until the deal was disclosed, there had been no public indication that Lion Point even held a position in, let alone was agitating for change at, Semtech, a semiconductor company that specializes in applications for the “Internet of Things.”
Lion Point Reaches Surprise Deal with Semtech
The activist hadn’t disclosed its investment in the semiconductor company before it reached the settlement.

Lion Point’s Didric Cederholm
(Bloomberg/ Andrew Harrer)
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