Levi & Korsinsky is investigating the Board of Directors of Peregrine Semiconductor Corporation (“Peregrine” or “the Company”) (NasdaqGS: PSMI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Murata Electronics North America, Inc., a wholly owned subsidiary of Murata Manufacturing Co., Ltd. (“Murata”).
Click here to learn more about the investigation:
, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Peregrine shareholders will receive approximately $12.50 per share, representing a total approximate transaction value of $471 million. The investigation concerns whether the Board of Peregrine breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Murata is underpaying for Peregrine shares.
If you own Peregrine common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
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