 South Korean display and power solutions provider MagnaChip Semiconductor Corp NYSE: MX inked an agreement with investment vehicles established by Wise Road Capital LTD and certain of its limited partners, namely South Dearborn Limited and Michigan Merger Sub, to become a private company in an all-cash transaction of 1.4 billion. The cash consideration is equivalent to 29 per share, representing a 54 premium to the March 2 closing price, or the last trading day before media reported third-party interest MagnaChip acquisition. 