Finkelstein Thompson LLP Announces Investigation of ZiLog Corp.
December 09 2009 - 3:14PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of ZiLog Corp. (“ZiLog” or the “Company”)
(NasdaqGM: ZILG) arising from the Company’s announcement of its
intent to be acquired by IXYS Corp (“IXYS”).
On December 7, 2009, ZiLog announced its plan to merge with
IXYS. Under the terms of the merger agreement, ZiLog shareholders
will receive $3.5858 in cash for every share of ZiLog stock they
own in a transaction with a total value of $62.4 million.
The investigation is focused on the potential unfairness of the
consideration to be paid to ZiLog shareholders as well as the
potential unfairness of the process by which the ZiLog Board of
Directors is addressing the transaction.
If you are interested in discussing your rights as a ZiLog
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
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