This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Morgan & Morgan Announces The Investigation Of TriQuint Semiconductor, Inc.

NEW YORK, Feb. 27, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating  the Board of Directors of TriQuint Semiconductor, Inc. ("TriQuint") (NASDAQ: TQNT) concerning its proposed merger agreement with RF Micro Devices, Inc. ("RF Micro") (NASDAQ: RFMD).

If you own shares of TriQuint and want more information about the merger please contact George Pressly, Esq. at 1(800) 732-5200 or email George at AskGeorge@morgansecuritieslaw.com.

TriQuint announced that it has entered into an agreement and plan of merger with RF Micro in an all-stock transaction to create a new combined company in radio frequency solutions. The proposed merger would provide TriQuint stockholders with implied value of $9.73 per share of TriQuint stock owned, a premium of only 5.4% premium to TriQuint's closing stock price of $9.23 per share on February 21, 2014.  The entire transaction is valued at $1.6 billion.

The proposed merger is expected to close in the second half of 2014 and to result in TriQuint stockholders owning approximately 50% of the combined company. Pursuant to the deal, TriQuint's President and Chief Executive Officer Ralph Quinsey will serve as non-executive chairman of the combined company's board of directors.

Our investigation concerns possible breaches of fiduciary duty and other violations of law by TriQuint's Board of Directors for not acting in the best interest of the Company's shareholders' in connection with the sale process. 

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

Attorney advertising. Prior results do not guarantee a similar outcome.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs