Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Pericom Semiconductor Corp (NASDAQ: PSEM)acted responsibly on behalf of investors’ profitability in the planned $400 million sale to Diodes Incorporated (NASDAQ: DIOD).
On September 3, 2015, Pericom Semiconductor Corp (NASDAQ: PSEM) and Diodes Incorporated (NASDAQ: DIOD) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Diodes will offer Pericom shareholders $17.00 per share in cash for all outstanding shares.
Based in Milpitas, CA, and founded in 1990 Pericom Semiconductor Corp is a worldwide manufacturer of high-performance digital, analog, and mixed-signal integrated circuits (ICs); and frequency control products (FCPs). They market their products for use in transfer, route, and time digital and analog signals within and between computer, networking, datacom, and telecom systems.
The investigation focuses on whether NASDAQ: PSEM investors received the highest price and whether the directors of Pericom Semiconductor Corp acted in the best interest of Pericom Semiconductor Corp company and its shareholders.
If you purchased Pericom Semiconductor Corp (NASDAQ: PSEM) prior to September 3, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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