Finkelstein Thompson LLP Announces Investigation of Atheros Communications Inc.
06 Enero 2011 - 11:24AM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Atheros Communications Inc. (“Atheros” or
the “Company”) (Nasdaq: ATHR) concerning its potential acquisition
by Qualcomm Inc. Under the terms of the offer, Atheros shareholders
will receive $45.00 in cash for each share of Atheros common stock
owned. The transaction is valued at approximately $3.1 billion.
The investigation is focused on the potential unfairness of the
deal price to Atheros’ shareholders, the process by which Atheros’
directors considered the transaction, and potential conflicts of
interests on the part of Atheros board members. In April 2010,
Atheros stock traded at over $43 per share. Additionally, Atheros’
current president and CEO, Dr. Craig H. Barratt, is expected to be
appointed as the president of Qualcomm Network & Connectivity
after the acquisition closes.
If you are interested in discussing your rights as an Atheros
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
Prior results do not guarantee similar outcomes.
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