Law Office of Brodsky & Smith, LLC Announces Investigation of Microtune, Inc.
10 Septiembre 2010 - 3:40PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Microtune, Inc. (“Microtune” or the “Company”) (Nasdaq: TUNE)
relating to the proposed acquisition by Zoran Corporation.
Under the terms of the offer, Microtune shareholders would
receive cash of $2.92 for each share of Microtune stock they own.
The investigation concerns possible breaches of fiduciary duty and
other violations of state law. The transaction appears to be
unfair, in part, given that Microtune stock was trading at $2.55 a
share as recently as August 9, 2010 and was trading at $2.95 a
share on April 29, 2010.
If you own shares of Microtune and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, or by calling toll free
877-LEGAL-90.
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