Kirby McInerney LLP is investigating potential claims against the Board
of Directors of PLX Technology, Inc. ("PLX" or the "Company")
(NASDAQ:PLXT) concerning the proposed acquisition of the Company by
Avago Technologies Limited ("Avago"). Under the terms of the definitive
merger agreement, PLX stockholders will receive $6.50 in cash for each
share of PLX common stock they own, valuing the transaction at
approximately $309 million.
The investigation concerns whether the PLX Board of Directors violated
its fiduciary duties by agreeing to the proposed transaction and whether
the proposed consideration adequately values the Company's common stock.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
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