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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Cypress Semiconductor Corporation (NASDAQ: CY) acted responsibly on behalf of investors’ profitability in the planned sale to Infineon Technologies AG.
On June 3, 2019, Cypress Semiconductor Corporation (NASDAQ: CY) and Infineon Technologies AG announced that they had entered into a merger agreement. Under the terms of the agreement, Cypress shareholders will receive $23.85 in cash per share.
Based in San Jose, California, and founded in 1982 Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells embedded system solutions worldwide.
The investigation focuses on whether NASDAQ: CY investors received the highest price and whether the directors of Cypress Semiconductor Corporation acted in the best interest of Cypress Semiconductor Corporation company and its shareholders.
If you purchased Cypress Semiconductor Corporation (NASDAQ: CY) prior to June 3, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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