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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Applied Micro Circuits Corporation (NASDAQ: AMCC) acted responsibly on behalf of investors’ profitability in the planned sale to MACOM Technology Solutions Holdings Inc.
On November 21, 2016, Applied Micro Circuits Corporation (NASDAQ: AMCC) and MACOM Technology Solutions Holdings Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Applied Micro shareholders will receive approximately $8.36 per share, consisting of $3.25 in cash and 0.1089 MACOM shares per share of Applied Micro.
Based in Santa Clara, CA, and founded in 1979 Applied Micro Circuits Corporation provides silicon solutions for next-generation cloud infrastructure and data centers and connectivity products for edge, metro, and long haul communications equipment.
The investigation focuses on whether NASDAQ: AMCC investors received the highest price and whether the directors of Applied Micro Circuits Corporation acted in the best interest of Applied Micro Circuits Corporation company and its shareholders.
If you purchased Applied Micro Circuits Corporation (NASDAQ: AMCC) prior to November 21, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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