INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Linear Technology Corporation And Encourag...
2016年8月2日 - 9:01AM
ビジネスワイヤ(英語)
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Linear Technology
Corporation (Nasdaq: LLTC) (“Linear Technology” or the
“Company”) relating to the proposed buyout of Linear Technology by
Analog Devices, Inc.
Under the terms of the agreement, Linear Technology shareholders
are anticipated to receive $60.00 in cash for each share of Linear
Technology common stock held. The transaction may undervalue the
Company and would result in no real gain or a loss for many
shareholders of Linear Technology, especially given that the
Company’s 52-week high is $64.42.
The firm’s investigation seeks to determine, among other things,
whether the Company’s Board of Directors failed to satisfy their
duties to shareholders, including whether the Board adequately
pursued alternatives to the acquisition and whether the Board
obtained the best price possible for the Company’s shares of common
stock. For example, according to Yahoo! Finance, at least one
Wall Street analyst has issued a price target for Linear Technology
stock at $90.00 per share.
If you currently own common stock of Linear Technology and
believe that the proposed buyout price is too low, or you would
like to learn more about the investigation being conducted by
Brower Piven, please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160801006332/en/
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
Linear (NASDAQ:LLTC)
過去 株価チャート
から 3 2025 まで 4 2025
Linear (NASDAQ:LLTC)
過去 株価チャート
から 4 2024 まで 4 2025
Real-Time news about Linear Technology Corp. (ナスダック市場): 0 recent articles
その他のLinear Technology Corp. (MM)ニュース記事