BALA CYNWYD, Pa. -- (Business Wire)
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Atmel Corporation
("Atmel” or "the Company") (Nasdaq: ATML) for possible breaches of
fiduciary duty and other violations of state law in connection with the
sale of the Company to Dialog Semiconductor (“Dialog”).
Click here to learn more about the investigation http://brodsky-smith.com/983-atml-atmel-corporation.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Atmel shareholders will receive only
$4.65 in cash and 0.112 of a Dialog American Depositary share for each
share of Atmel stock they own. The transaction values Atmel at only
approximately $10.42 per share. The investigation concerns whether the
Board of Atmel breached their fiduciary duties to shareholders and
whether Dialog is underpaying for Atmel. The transaction may undervalue
Atmel and will result in real gain for many Atmel shareholders. For
example, Atmel stock traded at $10.44 per share as recently as June 22,
2015 and an analyst has set a price target for Atmel stock at $12.00 per
share.
If you own shares of Atmel 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/983-atml-atmel-corporation.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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150925005815/en/
Contacts:
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J.
Smith, Esquire
877-LEGAL-90
http://brodsky-smith.com/983-atml-atmel-corporation.html
Source: Brodsky & Smith, LLC
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