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 hlindley@dunnamlaw.com 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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/entropic-communications-inc-stockholders-encouraged-to-contact-securities-law-firm-about-takeover-300033180.html
SOURCE Dunnam & Dunnam
