Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Atheros Communications Inc. (“Atheros” or the “Company”) (Nasdaq: ATHR) concerning its potential acquisition by Qualcomm Inc. Under the terms of the offer, Atheros shareholders will receive $45.00 in cash for each share of Atheros common stock owned. The transaction is valued at approximately $3.1 billion.
The investigation is focused on the potential unfairness of the deal price to Atheros’ shareholders, the process by which Atheros’ directors considered the transaction, and potential conflicts of interests on the part of Atheros board members. In April 2010, Atheros stock traded at over $43 per share. Additionally, Atheros’ current president and CEO, Dr. Craig H. Barratt, is expected to be appointed as the president of Qualcomm Network & Connectivity after the acquisition closes.
If you are interested in discussing your rights as an Atheros shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at firstname.lastname@example.org.
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