BALA CYNWYD, Pa., March 2, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Freescale
Semiconductor, Ltd. ("Freescale" or "the Company") (NYSE-FSL-News)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to NXP
Semiconductors N.V. ("NXP").
Click here to learn more about the investigation
http://brodsky-smith.com/898-fsl-freescale-semiconductor-ltd.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Freescale shareholders will
receive only $6.25 in cash and 0.3521
of an NXP ordinary share for each share of Freescale stock they
own. The transaction values Freescale at approximately $36.14 per share. The investigation concerns
whether the Board of Freescale breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether NXP is
underpaying for Freescale. The transaction may undervalue Freescale
as it will result in an estimated $200
million cost savings in the first full year after the
transaction is completed and will result in an eventual
$500 million of annual cost
synergies. In addition, the price being paid is well below an
analyst price target of $45.00 per
share and Freescale stock traded at $37.53 per share as recently as February 13, 2015.
If you own shares of Freescale stock and wish to discuss the
legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/898-fsl-freescale-semiconductor-ltd.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC