|[March 07, 2014]
Law Firm Brower Piven Announces Investigation of TriQuint Semiconductor Inc. Proposed Buyout
STEVENSON, Md. --(Business Wire)--
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty to current shareholders of TriQuint Semiconductor (News - Alert) Inc.
("TriQuint" or the "Company") (Nasdaq: TQNT) and other violations of
state law by the board of directors of TriQuint relating to the proposed
buyout of the Company by RF Micro Devices (News - Alert) Inc.
Under the terms of the transaction, TriQuint shareholders will receive
1.675 shares of the new combined company for ech share of TriQuint they
own. According to Yahoo! Finance, at least one analyst following
TriQuint has set a target price of $10.00 per share. The firm's
investigation seeks to determine, among other things, whether the board
of directors of TriQuint breached their fiduciary duties by failing to
maximize shareholder value.
If you currently own common stock of TriQuint and would like to learn
more about the investigation being conducted by Brower Piven, you may
email or call Brower Piven, who will, without obligation or cost to you,
attempt to answer your questions. You may contact Brower Piven by email
by calling (410) 415-6616, or at Brower Piven, A Professional
Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys
at Brower Piven have combined experience litigating securities and other
class action cases of over 60 years.
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