Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Sigma Designs Inc (NASDAQ: SIGM) acted responsibly on behalf of investors’ profitability in the planned $282 million sale to Silicon Laboratories Inc (NASDAQ: SLAB).
On December 7, 2017, Sigma Designs Inc (NASDAQ: SIGM) and Silicon Laboratories Inc (NASDAQ: SLAB) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Silicon will offer Sigma shareholders $7.05 per share in cash for all outstanding shares.
Based in Fremont, California, and founded in 1982 Sigma Designs Inc provides integrated system-on-chip (SoC) solutions and intelligent platforms for use in various home entertainment and home control appliances.
The investigation focuses on whether NASDAQ: SIGM investors received the highest price and whether the directors of Sigma Designs Inc acted in the best interest of Sigma Designs Inc company and its shareholders.
If you purchased Sigma Designs Inc (NASDAQ: SIGM) prior to December 7, 2017, you should contact Thieler Law Corp at firstname.lastname@example.org or call +1 (619) 377 - 4324.
Thieler Law Corp
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