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Home>PLX TECHNOLOGY, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

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PLX TECHNOLOGY, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

PLX TECHNOLOGY, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

07/02/2014

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.

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