|By PR Newswire||
|February 24, 2014 03:16 PM EST||
NEW YORK, Feb. 24, 2014 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of TriQuint Semiconductor Inc. ("TriQuint" or "the Company") (NasdaqGS: TQNT) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to RF Micro Devices Inc. ("RF Micro") (NasdaqGS: RFMD).
Click here to learn more about the action http://zlk.9nl.com/triquint-semiconductor-tqnt, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, TriQuint shareholders would receive 1.675 shares of the post-merger entity for each share of TriQuint common stock they own; RF Micro shareholders will receive 1 share of the new entity for each share of RF Micro stock they own. The investigation concerns whether the TriQuint Board breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether RF Micro is underpaying for TriQuint shares.
If you own TriQuint common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/triquint-semiconductor-tqnt.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
SOURCE Levi & Korsinsky, LLP
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