TRIQUINT SEMICONDUCTOR INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of TriQuint Semiconductor Inc. (TQNT) Over its Proposed Merger with RF Micro Devices Inc. (RFMD)
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of TriQuint Semiconductor Inc. (“TriQuint” or the “Company”) (NasdaqGS: TQNT) for potential breaches of fiduciary duties in connection with the sale of the Company to RF Micro for approximately $1.6 billion. The Company’s stockholders will receive 1.675 shares of the new combined company for each share of TriQuint common stock they own.
The investigation focuses on whether TriQuint’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of TriQuint’s shareholders.
If you own common stock in TriQuint and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.