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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Supertex, Inc. (MM) | NASDAQ:SUPX | 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% | 32.98 | 0 | 01:00:00 |
NEW YORK, Feb. 12, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Supertex, Inc. ("Supertex" or the "Company") (SUPX) concerning the proposed acquisition of the Company by Microchip Technology Incorporated in a cash deal valued at approximately $394 million.
Under the terms of the proposed transaction, Supertex stockholders will receive $33.00 in cash for each share of Supertex owned.
If you own shares of Supertex and want more information about the Supertex takeover investigation please contact George Pressly, Esq. at 1(800) 631-6234 or email George at AskGeorge@morgansecuritieslaw.com.
Our investigation concerns possible breaches of fiduciary duty and other violations of law by Supertex's Board of Directors for not acting in the best interest of the Company's shareholders' in connection with the sale process.
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-631-6234
info@morgansecuritieslaw.com
SOURCE Morgan & Morgan
Copyright 2014 PR Newswire
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