Peregrine Semiconductor Stockholders Encouraged to Contact Securities Law Firm about the sale of Peregrine to Murata Electron...
August 29 2014 - 9:01AM
PR Newswire (US)
NEW YORK, Aug. 29, 2014 /PRNewswire/ -- Securities lawyers
at Dunnam & Dunnam are investigating potential claims against
the Board of Directors of Peregrine Semiconductor (NASDAQ:PSMI) in
connection with the sale of Peregrine to Murata Electronics North
America, Inc. Concerned PSMI investors are encouraged to
contact attorney Hamilton Lindley by clicking here.
Peregrine shareholders will receive only $12.50 per share pursuant to the deal. The
investigation focuses on whether the board fulfilled its fiduciary
duties to shareholders by obtaining the highest price reasonably
available and disclosing all important information about the
takeover. Company shareholders may not be receiving full value
because the stock price traded above the offer price less than two
years ago and synergies may not be fully reflected in the offer
price.
Dunnam & Dunnam has significant experience representing
shareholders in securities lawsuits nationwide. PSMI stockholders –
or anyone with knowledge about this situation – should contact
lawyer Hamilton Lindley at hlindley@dunnamlaw.com with
questions, toll free at (844) 702-2990 or visit
http://www.dunnamlaw.com/peregrine/?comp-name=Peregrine&type=der.
SOURCE Dunnam & Dunnam
Copyright 2014 PR Newswire
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