Entropic Communications, Inc. Stockholders Encouraged to Contact Securities Law Firm about Takeover
NEW YORK, Feb. 9, 2015 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of Entropic Communications, Inc. (NASDAQ: ENTR) in connection with a buyout for only $3.01 per share. Concerned ENTR investors are encouraged to contact attorney Hamilton Lindley by clicking here.
The investigation focuses upon the shareholder value of the transaction. Under terms of the proposed agreement, Entropic shareholders would receive $1.20 per share in cash and 0.2200 shares of MaxLinear common stock for each Entropic common share outstanding. At least one analyst has targeted the price at $5.00, making this takeover appear to be undervalued. The firm's potential shareholder lawsuit will seek to obtain the highest price reasonably available and that all important information about the deal is disclosed.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. ENTR stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/ENTR.
Dunnam & Dunnam also engages in business litigation and personal injury law.
SOURCE Dunnam & Dunnam
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