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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ixys Corp. (delisted) | NASDAQ:IXYS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 23.05 | 22.95 | 199,999.00 | 0 | 01:00:00 |
NEW YORK, Oct. 19, 2017 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of IXYS Corporation ("IXYS" or the "Company") (NASDAQ: IXYS) is breaching its fiduciary duties to its shareholders by agreeing to sell the Company to Littelfuse, Inc. for $23.00 in cash, or 0.1265 of a share of Littelfuse, per IXYS share.
The investigation is focused on the potential unfairness of the consideration offered to IXYS shareholders and the process by which the IXYS Board of Directors considered and approved the acquisition.
If you currently own IXYS shares and are interested in discussing your rights, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or seidman@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities, consumer, and shareholder rights cases and recovered over $3.5 billion for its clients. The Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times.
ATTORNEY ADVERTISING. © 2017 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information
Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
seidman@bernlieb.com
View original content with multimedia:http://www.prnewswire.com/news-releases/bernstein-liebhard-llp-announces-investigation-into-the-proposed-sale-of-ixys-corporation-300540189.html
SOURCE Bernstein Liebhard LLP
Copyright 2017 PR Newswire
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