BALA CYNWYD, Pa., Jan. 12, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Affymetrix Inc
("Affymetrix" or "the Company") (Nasdaq- AFFX-News) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Thermo Fisher
Scientific, Inc. ("Thermo
Fisher").
Click here to learn more about the investigation
http://brodsky-smith.com/1019-affx-affymetrix-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Affymetrix shareholders will
receive only $14.00 in cash for each
share of Affymetrix stock they own. The investigation concerns
whether the Board of Affymetrix breached their fiduciary
duties to shareholders and whether Thermo
Fisher is underpaying for the Company. The transaction may
undervalue Affymetrix as it would significantly expand Thermo Fisher's antibody portfolio and adds
genetic analysis capabilities. In addition, an analyst has set a
$15.00 per share price target for
Affymetrix stock.
If you own shares of Affymetrix and wish to discuss the legal
ramifications of the investigation, 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
510, Bala Cynwyd, PA 19004, by
visiting http://brodsky-smith.com/1019-affx-affymetrix-inc.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC