Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Broadcom Corporation Stockholders
May 28 2015 - 6:15PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Broadcom Corporation (“Broadcom” or the
“Company”) (NASDAQ: BRCM) concerning the proposed acquisition of
the Company by Avago Technologies Ltd. (“Avago”). Pursuant to the
terms of the definitive merger agreement, Broadcom shareholders
will have the right to receive $54.50 in cash and 0.4378 shares of
the newly-formed company, or a combination thereof, for each share
of Broadcom common stock they own.
The investigation concerns whether the Broadcom 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 Broadcom stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, or telephone at (212) 699-1145, 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, whistleblower, antitrust and consumer litigation.
For additional information, please go to www.kmllp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150528006746/en/
Kirby McInerney LLPJ. Brandon Walker, Esq., (212) 699-1145Toll
Free: (888) 529-4787bwalker@kmllp.com