Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Techwell, Inc.
22 Mars 2010 - 11:22PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
Techwell, Inc. (“Techwell” or the “Company”) (NASDAQ:TWLL) related
to the Company’s agreement to be acquired by Intersil Corporation
(“Intersil”). The proposed transaction is valued at approximately
$370 million.
Under the terms of the definitive agreement entered into by the
parties, Intersil will commence a cash tender offer to acquire
Techwell’s outstanding shares of common stock at $18.50 per share.
The acquisition is expected to close during Intersil’s second
quarter. The investigation concerns possible breaches of fiduciary
duty and other violations of law related to approval of the
transaction by Techwell’s board of directors.
If you own shares of Techwell, Inc., 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 Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
Techwell (MM) (NASDAQ:TWLL)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Techwell (MM) (NASDAQ:TWLL)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Techwell (MM) (NASDAQ): 0 recent articles
Plus d'articles sur Law Offices of Howard G. Smith