WILMINGTON, Del., Oct. 22, 2015 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of KLA-Tencor Corp. (NasdaqGS:
KLAC)?
- Did you purchase any of your shares prior to October 21, 2015?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of KLA-Tencor
Corp. ("KLA" or the "Company") (NasdaqGS: KLAC) regarding possible
breaches of fiduciary duties and other violations of law related to
the Company's entry into an agreement to be acquired by Lam
Research Corp. ("Lam Research") (NasdaqGS: LRCX), in a transaction
valued at approximately $10.6
billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/kla-tencor-klac.
Under the terms of the agreement, shareholders of KLA will
receive $32.00 in cash and 0.5 of a
share of Lam Research for each share of KLA common stock owned, the
value of which is equivalent to $67.02 per share of KLA.
The investigation concerns whether KLA's board of directors
failed to adequately shop the Company and obtain the best possible
value for KLA's shareholders before entering into the agreement
with Lam Research.
If you own the common stock of KLA and purchased your shares
before October 21, 2015, if you have
information or would like to learn more about these claims, or if
you wish to discuss these matters or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Seth D.
Rigrodsky or Gina M. Serra at
Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone
at (888) 969-4242; by e-mail at info@rl-legal.com; or at:
http://www.rigrodskylong.com/investigations/kla-tencor-klac.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation, and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
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SOURCE Rigrodsky & Long, P.A.