NEW YORK, Aug. 22, 2014 /PRNewswire/ -- Harwood Feffer
LLP (www.hfesq.com) is investigating potential claims against the
board of directors of Peregrine Semiconductor Corporation
("Peregrine Semiconductor" or the "Company") (NasdaqGS: PSMI)
concerning the proposed acquisition of the Company by Murata
Manufacturing Company Ltd. ("Murata").
On August 22, 2014, Peregrine
Semiconductor announced that it had entered into a definitive
agreement pursuant to which the Company will be acquired by
Murata. Under the terms of the agreement, Peregrine
Semiconductor shareholders will receive $12.50 per share in a transaction valued at
$465 million.
Our investigation concerns whether the Peregrine Semiconductor
board of directors is fulfilling its fiduciary duties, maximizing
the value of the Company, disclosing all material benefits and
costs, and obtaining full and fair consideration for Company
shareholders.
If you own Peregrine Semiconductor shares and wish to discuss
this matter with us, or have any questions concerning your rights
and interests with regard to this matter, please contact:
Peter W. Overs, Jr., Esq.
Robert I. Harwood, Esq.
Craig Lowther
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: povers@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
The law firm responsible for this advertisement is Harwood
Feffer LLP (www.hfesq.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
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SOURCE Harwood Feffer LLP