Kendall Law Group Investigates Advanced Analogic Technologies, Inc. Acquisition
June 02 2011 - 5:08PM
Business Wire
Kendall Law Group, led by former federal judge Joe Kendall, is
investigating Advanced Analogic Technologies, Inc. (NasdaqGS: AATI)
for shareholders in connection with the proposed acquisition by
Skyworks Solutions. The national securities firm’s investigation
seeks to determine whether AATI and its Board breached their
fiduciary duties by entering into the agreement without properly
shopping for a deal that would provide better value for
shareholders. If you are an AATI shareholder and would like
additional information about your rights, contact the Kendall Law
Group at 877-744-3728 or by email at
skendall@kendalllawgroup.com.
On May 26, 2011, the companies announced the definitive merger
agreement under which AATI would be acquired by Skyworks Solutions
in a transaction valued at approximately $262 million. Under the
terms of the agreement, AATI stockholders will receive $3.68 in
cash and .08725 of Skyworks common stock for each share of AATI
common stock held. The investigation seeks to determine whether the
deal adequately compensates shareholders and if a fair process was
used in obtaining the best value for AATI shareholders.
Kendall Law Group was founded by a former federal judge,
includes a former United States Attorney, prosecutors and
securities lawyers who are experienced in complex securities
litigation. The firm has been counsel in numerous merger and
acquisition cases nationwide, including some of the largest
transactions in the United States.
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