NEW ORLEANS, Feb. 5, 2015 /PRNewswire/ -- Former Attorney
General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of
Kahn Swick & Foti, LLC ("KSF") are investigating the proposed
sale of Entropic Communications, Inc. ("Entropic" or the "Company")
(NASDAQ: ENTR) to MaxLinear, Inc. (NYSE: MXL). Under
the terms of the proposed transaction, shareholders of Entropic
will receive only $1.20 in cash and
0.2200 shares of MaxLinear common stock for each share of Entropic
common stock that they own. Based on MaxLinear's closing stock
price on February 2, 2015, the merger
consideration is valued at approximately $3.01 per Entropic share. KSF is seeking to
determine whether this consideration and the process that led to it
are adequate, or whether the consideration undervalues the
Company.
If you believe that this transaction undervalues the Company
and/or if you would like to discuss your legal rights regarding the
proposed sale, you may, without obligation or cost to you, e-mail
or call KSF Managing Partner Lewis S. Kahn
(lewis.kahn@ksfcounsel.com) or partner Michael J. Palestina
(michael.palestina@ksfcounsel.com) toll free at any time at
855-768-1857.
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC