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The Law Offices of Vincent Wong are investigating the Board of Directors
of Varian Semiconductor Equipment Associates, Inc. (Nasdaq: VSEA) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Applied Materials, Inc.
(Nasdaq: AMAT). Under the terms of the proposed transaction, Varian
shareholders will receive $63 per share in cash for a total transaction
value of approximately $4.9 billion.
The investigation concerns whether the Varian Board of Directors
breached their fiduciary duties to Varian stockholders by failing to
adequately shop the Company before entering into this transaction and
whether Applied Materials, Inc. is underpaying for Varian shares.
If you own common stock in Varian and wish to obtain additional
information, please contact Vincent Wong, Esq. either via email [email protected],
by telephone at 212.584.2740, or visit http://www.wongesq.com/varian-semiconductor.html.
Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and
violations of shareholder rights. Attorney advertising. Prior results do
not guarantee similar outcomes.