Here’s another example:
NEW YORK, Oct. 14, 2015 /PRNewswire/ – Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of PMC-Sierra Inc. (“PMC” or the “Company”) (NasdaqGS:PMCS) for potential breaches of fiduciary duties in connection with the sale of the Company to Skyworks Solutions, Inc. for approximately $2 billion in a cash transaction.
PMC had had stable revenue for years, and they were offered 37% over the market price, and these guys are going to sue them???
Sau