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Share Name | Share Symbol | Market | Type |
---|---|---|---|
(MM) | NASDAQ:PSMI | 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% | 12.44 | 0 | 01:00:00 |
NEW YORK, Aug. 29, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating potential claims against the Board of Directors of Peregrine Semiconductor (NASDAQ:PSMI) in connection with the sale of Peregrine to Murata Electronics North America, Inc. Concerned PSMI investors are encouraged to contact attorney Hamilton Lindley by clicking here.
Peregrine shareholders will receive only $12.50 per share pursuant to the deal. The investigation focuses on whether the board fulfilled its fiduciary duties to shareholders by obtaining the highest price reasonably available and disclosing all important information about the takeover. Company shareholders may not be receiving full value because the stock price traded above the offer price less than two years ago and synergies may not be fully reflected in the offer price.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. PSMI stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at hlindley@dunnamlaw.com with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/peregrine/?comp-name=Peregrine&type=der.
SOURCE Dunnam & Dunnam
Copyright 2014 PR Newswire
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