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ATMEL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Atmel Corporation

2015-09-22 23:04 ET - News Release

NEW ORLEANS, Sept. 22, 2015 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Atmel Corporation ("Atmel" or the "Company") (NASDAQ: ATML) to Dialog Semiconductor (XTRA: DLG). Under the terms of the proposed transaction, shareholders of Atmel will receive only $4.65 in cash and 0.112 of a Dialog American Depository Share ("ADS") for each share of Atmel that they own, representing, according to the companies, the economic equivalent of $10.42 per Atmel share based on Dialog's closing stock price as of September 18, 2015. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/atmel-investor-alert-by-the-former-attorney-general-of-louisiana-kahn-swick--foti-llc-investigates-adequacy-of-price-and-process-in-proposed-sale-of-atmel-corporation-300147662.html

SOURCE Kahn Swick & Foti, LLC

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