Thieler Law Corp Announces Investigation of proposed Sale of Brocade Communications Systems Inc (NASDAQ: BRCD) to Broadcom Limited (NASDAQ: AVGO)

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Brocade Communications Systems Inc (NASDAQ: BRCD) acted responsibly on behalf of investors’ profitability in the planned $5.9 billion sale to Broadcom Limited (NASDAQ: AVGO).

On November 02, 2016, Brocade Communications Systems Inc (NASDAQ: BRCD) and Broadcom Limited (NASDAQ: AVGO) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Broadcom will offer Brocade shareholders $12.75 per share in cash for all outstanding shares.    

Based in San Jose, CA, and founded in 1995 Brocade Communications Systems Inc provides storage area networking and Internet protocol networking solutions for businesses and organizations.

The investigation focuses on whether NASDAQ: BRCD investors received the highest price and whether the directors of Brocade Communications Systems Inc acted in the best interest of Brocade Communications Systems Inc company and its shareholders.   

If you purchased Brocade Communications Systems Inc (NASDAQ: BRCD) prior to November 02, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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