LINEAR TECHNOLOGY CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
29 Julho 2016 - 12:27PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Linear
Technology Corporation (NASDAQ GS: LLTC)?
- Did you purchase any of your shares
prior to July 26, 2016?
- Do you think the proposed buyout
value is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Linear
Technology Corporation (“Linear Technology” or the “Company”)
(NASDAQ GS: LLTC) regarding possible breaches of fiduciary duties
and other violations of law related to the Company’s entry into an
agreement to be acquired by Analog Devices, Inc. (“Analog Devices”)
(NASDAQ GS: ADI), in a transaction valued at approximately $14.8
billion.
Click here to learn more:
http://rigrodskylong.com/investigations/linear-technology-corporation-lltc.
Under the terms of the agreement, shareholders of Linear
Technology will receive $46.00 per share in cash and 0.2321 of a
share of Analog Devices common stock for each share of Linear
Technology common stock they own. Based on Analog Devices’ closing
stock price on July 25, 2016, Linear Technology shareholders would
have received compensation valued at approximately $60.00 per
share.
The investigation concerns whether Linear Technology’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Linear Technology’s shareholders before entering
into an agreement with Analog Devices.
If you own the common stock of Linear Technology and purchased
your shares before July 26, 2016, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/linear-technology-corporation-lltc.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160729005614/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888)
969-4242(302) 295-5310Fax: (302)
654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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