News Column

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Peregrine Semiconductor Corporation Stockholders

August 22, 2014



NEW YORK--(BUSINESS WIRE)-- Kirby McInerney LLP is investigating potential claims against Peregrine Semiconductor Corporation (“Peregrine” or the “Company”) (NASDAQ:PSMI) concerning the proposed acquisition of the Company by Murata Electronics North America, Inc., a wholly owned subsidiary of Murata Manufacturing Co., Ltd. (“Murata”) (TSE/OSE: 6981). Under the terms of the definitive agreement, Peregrine stockholders will receive $12.50 in cash for each share of Peregrine common stock they own, valuing the transaction at approximately $471 million.

The investigation concerns whether the Peregrine Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.

If you are a Peregrine stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com or telephone at (212) 699-1145, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, stockholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.



Kirby McInerney LLP

J. Brandon Walker, Esq., 212-699-1145

toll free: 888-529-4787

bwalker@kmllp.com

Source: Kirby McInerney LLP


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Business Wire


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters