Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Cascade Microtech Inc (NASDAQ: CSCD) acted responsibly on behalf of investors’ profitability in the planned $352 million sale to FormFactor Inc (NASDAQ: FORM).
On February 04, 2016, Cascade Microtech Inc (NASDAQ: CSCD) and FormFactor Inc (NASDAQ: FORM) announced that they had entered into a merger agreement. Under the terms of the transaction, Cascade Microtech shareholders will receive $16.00 in cash and 0.6534 of a share of FormFactor common stock for each share of Cascade Microtech they own.
Based in Beaverton, Oregon, and founded in 1983 Cascade Microtech Inc is engaged in designing, developing, manufacturing, and marketing wafer probing, thermal, and reliability solutions for the electrical measurement and testing of high performance semiconductor devices.
The investigation is looking to uncover whether Cascade Microtech Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $21.13 per share.
If you purchased Cascade Microtech Inc (NASDAQ: CSCD) prior to February 04, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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