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Triquint Semiconductor merger under investigation

A law firm recently began an investigation of the board of directors at a technology firm after it agreed to a merger. Depending on the outcome of the investigation, a securities class action lawsuit is possible.

Brodsky and Smith, LLC, commenced an investigation of Triquint Semiconductor, Inc., and its board, after the company's leaders came to an agreement to merge with RF Micro Devices, Inc. The deal would give shareholders of Triquint Semiconductor just 1.67 shares of stock of the new company for each unit of ownership. This would make stock in Triquint Semiconductor worth $9.23 per share.

The low valuation may mean that the board of directors at Triquint Semiconductor has violated state law, as well as breached fiduciary duty. This is due to the cost target of the stock being closer to $12 per share.

It is possible for shareholders of Triquint Semiconductor to speak with the law firm in order to learn more about how they may be legally affected by the deal, or any other questions related to the investigation. Both Jason Brodsky and Evan Smith are available to discuss these matters, and they can be reached through mail, email or telephone. The law firm's website also has more information.

Second investigation begins
Another law office explained that it will examine claims from shareholders regarding this pending deal. Like the aforementioned case, this also could become a class action claim.

Law firm Harwood Feffer, LLP, also began an investigation of the board of directors at Triquint Semiconductor after it agreed to the merger with RF Micro Devices. The issues related to the investigation include fiduciary duty issues, as well as whether the company did enough to get the most value out of the merger for shareholders.

Another claim that shareholders made was that the board of directors did not let them know about all costs and material benefits through the deal, while the group was also unhappy that there was not enough consideration of shareholders' opinions on the deal.

The law office can be reached to discuss multiple matters regarding this case including a shareholder's rights, interests and any other topics related to the investigation. The best person to speak with is Benjamin Sachs-Michaels, and he can be reached by mail, telephone or email. The law firm's website also has further information for shareholders.

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