EQUITY ALERT: The Rosen Law Firm Announces Investigation of Hittite Microwave Corp. (HITT) Concerning the Proposed Acquisitio...
11 Giugno 2014 - 12:22AM
Business Wire
The Rosen Law Firm, P.A. is investigating the Board of Directors
of Hittite Microwave Corporation (NASDAQ:HITT) for possible
breaches of fiduciary duties and other violations of law by failing
to adequately shop Hittite Microwave to maximize shareholder value
before entering into an agreement with Analog Devices, Inc.
(NASDAQ: ADI).
If you would like to join the action, please call Phillip Kim,
Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; or email at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the proposed transaction, shareholders will
receive $78.00 in cash for each share of Hittite Microwave stock
they own. The proposed transaction is valued at approximately $2
billion. The investigation relates to whether the proposal is fair
to public shareholders and whether Hittite Microwave’s Board of
Directors breached its fiduciary duties in connection with the
proposed transaction.
If you own and purchased Hittite Microwave common stock before
June 9, 2014 and wish to obtain additional information, please
visit the website at http://rosenlegal.com/buyoutcases.html. You
may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen
Law Firm toll free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Phillip Kim, Esq.Laurence Rosen, Esq.Kevin Chan, Esq.The Rosen
Law Firm P.A.275 Madison Avenue 34th FloorNew York, New York
10016Tel: (212) 686-1060Toll Free: 1-866-767-3653Fax: (212)
202-3827pkim@rosenlegal.comlrosen@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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