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ZILG Zilog (MM)

3.59
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zilog (MM) NASDAQ:ZILG 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% 3.59 0 01:00:00

Finkelstein Thompson LLP Announces Investigation of ZiLog Corp.

09/12/2009 8:14pm

Business Wire


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Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of ZiLog Corp. (“ZiLog” or the “Company”) (NasdaqGM: ZILG) arising from the Company’s announcement of its intent to be acquired by IXYS Corp (“IXYS”).

On December 7, 2009, ZiLog announced its plan to merge with IXYS. Under the terms of the merger agreement, ZiLog shareholders will receive $3.5858 in cash for every share of ZiLog stock they own in a transaction with a total value of $62.4 million.

The investigation is focused on the potential unfairness of the consideration to be paid to ZiLog shareholders as well as the potential unfairness of the process by which the ZiLog Board of Directors is addressing the transaction.

If you are interested in discussing your rights as a ZiLog shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

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