|[June 23, 2014]
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of PLX Technology, Inc. Stockholders
NEW 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 firstname.lastname@example.org,
or telephone at (212) 699-1145, or Melissa Fortunato, Esq. by email at email@example.com,
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.
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