Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Semitool, Inc. ("Semitool" or the "Company") (NASDAQ: SMTL) arising from the Company’s announcement of its intent to be acquired by Applied Materials, Inc. Under the terms of the proposed agreement, Semitool shareholders will receive $11.00 in cash for each share of Semitool they own. The transaction has a total value of $364 million.

The investigation is focused on the potential unfairness of the price to Semitool shareholders and the process by which the Company’s Board of Directors considered and approved the transaction. In particular, the consideration offered to Semitool shareholders appears to value the stock at substantially less than the target price for Semitool stock issued by numerous analysts.

If you are interested in discussing your rights as a Semitool shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, D.C. offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers. To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Semitool (MM) (NASDAQ:SMTL)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Semitool (MM) Charts.
Semitool (MM) (NASDAQ:SMTL)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Semitool (MM) Charts.