PLX TECHNOLOGY, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
WILMINGTON, Del., July 2, 2014 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own shares of PLX Technology, Inc. (NASDAQ GM: PLXT)?
- Did you purchase any of your shares prior to June 23, 2014?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of PLX Technology, Inc. ("PLX" or the "Company") (NASDAQ GM: PLXT) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Avago Technologies Limited ("Avago") (NASDAQ GS: AVGO), in a transaction valued at approximately $309 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/plx-technology-inc-plxt.
Under the terms of the agreement, public shareholders of PLX would receive $6.50 in cash for each share of PLX they own.