WAYNE, Pa., Nov. 7, 2013 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Mindspeed Technologies Inc. ("Mindspeed" or the
"Company") (NASDAQ: MSPD) concerning possible breaches of fiduciary
duty and other violations of law related to the Company's efforts
to sell the Company to M/A-COM Technology Solutions Holdings,
Inc. in a transaction valued at approximately $272 million.
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If you own shares of Mindspeed and would like to learn more
about these claims or if you wish to discuss these matters and have
any questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/mspd. You may also email Mr. Maniskas
at rmaniskas@rmclasslaw.com.
Under the terms of the agreement, public shareholders of
Mindspeed will receive $5.05 per
share in cash for each share of Mindspeed they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by Mindspeed's Board of Directors
for not acting in the Company's shareholders' best interests in
connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT:
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Ryan & Maniskas,
LLP
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Richard A. Maniskas,
Esquire
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995 Old Eagle School
Rd., Suite 311
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Wayne, PA
19087
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877-316-3218
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www.rmclasslaw.com/cases/mspd
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rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP