PERICOM SEMICONDUCTOR CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
September 14 2015 - 6:13PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Pericom
Semiconductor Corporation (NASDAQ GS: PSEM)?
- Did you purchase any of your shares
prior to September 3, 2015?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Pericom
Semiconductor Corporation (“Pericom” or the “Company”) (NASDAQ GS:
PSEM) regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Diodes Incorporated (“Diodes”) (NASDAQ GS: DIOD),
in a transaction valued at approximately $400 million.
Click here to learn more:
http://rigrodskylong.com/investigations/pericom-semiconductor-corporation-psem.
Under the terms of the agreement, shareholders of Pericom will
receive $17.00 per share in cash for each share of Pericom they
own.
The investigation concerns whether Pericom’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Pericom’s shareholders before entering into an agreement
with Diodes.
If you own the common stock of Pericom and purchased your shares
before September 3, 2015, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/pericom-semiconductor-corporation-psem.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20150914006367/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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