Faruqi & Faruqi, LLP Announces the Investigation of Fairchild Semiconductor International Inc. (FCS) Over the Proposed Sale of the Company to ON Semiconductor Corp.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Fairchild Semiconductor International Inc. (“Fairchild” or the “Company”) (NasdaqGS:FCS) for potential breaches of fiduciary duties in connection with the sale of the Company to ON Semiconductor Corp. for approximately $2.4 billion in a cash transaction.
The Company’s stockholders will only receive $20.00 for each share of Company common stock they own. However, the offer represents an inadequate premium compared to the 52-week high of $20.84.
If you own common stock in Fairchild and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
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Tel: (212) 983-9330
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