PEREGRINE SEMICONDUCTOR CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
September 02 2014 - 11:13AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Peregrine
Semiconductor Corporation (NASDAQ GS: PSMI)?
- Did you purchase any of your shares
prior to August 22, 2014?
- 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 Peregrine
Semiconductor Corporation (“Peregrine” or the “Company”) (NASDAQ
GS: PSMI) regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Murata Manufacturing Co., Ltd. (“Murata”), in a
transaction valued at approximately $471 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/peregrine-semiconductor-corporation-psmi.
Under the terms of the agreement, public shareholders of
Peregrine would receive $12.50 in cash for each share of Peregrine
they own.
The investigation concerns whether Peregrine’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Peregrine’s shareholders before entering into an
agreement with Murata.
If you own the common stock of Peregrine and purchased your
shares before August 22, 2014, 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://www.rigrodskylong.com/investigations/peregrine-semiconductor-corporation-psmi.
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.
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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