Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of PMC-Sierra Inc (NASDAQ: PMCS) acted responsibly on behalf of investors’ profitability in the planned $2 billion sale to Skyworks Solutions Inc.
On October 5, 2015 PMC-Sierra Inc. (NASDAQ: PMCS) and Skyworks Solutions Inc. announced that they had entered into a merger agreement. Under the terms of the merger agreement, Skyworks Solutions Inc. will offer PMC-Sierra Inc. shareholders $10.50 per share in cash for all outstanding shares.
Based in Sunnyvale, California, and founded in 1983 PMC-Sierra Inc is the semiconductor and software solutions that support and improve networks that connect, move and store Big Data.
The investigation focuses on whether NASDAQ: PMCS investors received the highest price and whether the directors of PMC-Sierra Inc acted in the best interest of PMC-Sierra Inc company and its shareholders.
If you purchased PMC-Sierra Inc (NASDAQ: PMCS) prior to October 5, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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