Cases
Sigma Designs, Inc. (SIGM) Merger Investigation
Merger
Overview
Overview
- Date:
- 12/8/2017
- Company Name:
- Sigma Designs, Inc.
- Stock Symbol:
- SIGM
- Company Name - Buyer:
- Silicon Labs
- Stock Symbol - Buyer:
- SLAB
- Status:
- Closed/Complete
NEW YORK, December 8, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Sigma Designs, Inc (NASDAQ: SIGM) stockholders concerning the proposed acquisition of the company by Silicon Labs (NASDAQ: SLAB).
Our investigation concerns whether Sigma’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Silicon. Under the terms of the agreement, each outstanding share of Sigma common stock will be exchanged for $7.05 per share in cash. Certain directors and officers of Sigma have entered into an agreement to vote their shares in favor of the transaction.
If you own Sigma shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Our investigation concerns whether Sigma’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Silicon. Under the terms of the agreement, each outstanding share of Sigma common stock will be exchanged for $7.05 per share in cash. Certain directors and officers of Sigma have entered into an agreement to vote their shares in favor of the transaction.
If you own Sigma shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.