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Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of PLX Technology, Inc. StockholdersNEW YORK --(Business Wire)-- Kirby McInerney LLP is investigating potential claims against the Board of Directors of PLX Technology (News - Alert), Inc. ("PLX" or the "Company") (NASDAQ:PLXT) concerning the proposed acquisition of the Company by Avago Technologies Limited ("Avago"). Under the terms of the definitive merger agreement, PLX stockholders will receive $6.50 in cash for each share of PLX common stock they own, valuing the transaction at approximately $309 million. The investigation concerns whether the PLX Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company's common stock. <> If you are a PLX stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at [email protected], or telephone at (212) 699-1145, or Melissa Fortunato, Esq. by email at [email protected], or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com. |
