The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Entropic Communications, Inc. (“Entropic” or the “Company”)
(Nasdaq: ENTR) relating to the proposed buyout of the Company by
MaxLinear, Inc. (“MaxLinear”).
On February 3, 2015, Entropic and MaxLinear announced the signing of a
definitive agreement pursuant to which MaxLinear will acquire Entropic
in a transaction valued at approximately $287 million.
for 2015/2/4 - SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Entropic Communications, Inc. And Encourages Investors To Contact The Firm For Additional Information investment picks