NEW ORLEANS, May 28, 2015 /PRNewswire/ -- Former Attorney
General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of
Kahn Swick & Foti, LLC ("KSF") are investigating the proposed
sale of Broadcom Corporation ("Broadcom" or the "Company") (NASDAQ:
BRCM) to Avago Technologies Limited (NASDAQ: AVGO).
Under the terms of the proposed transaction,
shareholders of Broadcom will have the ability to elect to receive,
for each Broadcom share held: (i) $54.50 in cash; (ii) 0.4378 ordinary shares in a
newly-formed Singapore holding
company ("HoldCo"); (iii) a restricted equity security that is the
economic equivalent of 0.4378 ordinary shares of HoldCo that will
not be transferable or saleable for a period of one to two years
after closing; or (iv) a combination thereof. KSF is seeking
to determine whether this consideration and the process that led to
it are adequate, or whether the consideration undervalues the
Company.
If you believe that this transaction undervalues the Company
and/or if you would like to discuss your legal rights regarding the
proposed sale, you may, without obligation or cost to you, e-mail
or call KSF Managing Partner Lewis S. Kahn
(lewis.kahn@ksfcounsel.com) or partner Michael J. Palestina
(michael.palestina@ksfcounsel.com) toll free at any time at
855-768-1857.
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC