Cases
Adesto Technologies Corporation
Merger
Overview
Overview
- Date:
- 2/20/2020
- Case Caption:
- Chrzanowski v. Adesto Technologies Corporation,et al.
- Stock Symbol:
- IOTS
- Company Name - Buyer:
- Dialog Semiconductor plc
- Stock Symbol - Buyer:
- DLGNF
- Status:
- Filed
- Merger Announcement Date:
- 2/20/2020
- Filing Date:
- 4/17/2020
- Court:
- U.S. District Court: Northern California
On February 20, 2020 Adesto announced that it had signed an agreement to merge with Dialog. Per the merger agreement Adesto stockholders will receive $12.55 in cash for each share of Adesto common stock owned. The deal is scheduled to close in the third quarter of 2020.
Bragar Eagel & Squire is concerned that Adesto’s board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Adesto stockholders.
Bragar Eagel & Squire is concerned that Adesto’s board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Adesto stockholders.
Case Updates
Case Files
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Chrzanowski v. Adesto Technologies Corporation, et al.