Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of DTS Inc (NASDAQ: DTSI) acted responsibly on behalf of investors’ profitability in the planned $850 million sale to Tessera Technologies Inc.
On September 20, 2016, DTS Inc (NASDAQ: DTSI) and Tessera Technologies Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Tessera will offer DTS shareholders $42.50 per share in cash for all outstanding shares.
Based in Calabasas, CA, and founded in 1990 DTS Inc provides audio solutions that are incorporated into various consumer electronics devices internationally.
The investigation focuses on whether NASDAQ: DTSI investors received the highest price and whether the directors of DTS Inc acted in the best interest of DTS Inc company and its shareholders.
If you purchased DTS Inc (NASDAQ: DTSI) prior to September 20, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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