NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Advanced Analogic Technologies Incorporated (Nasdaq: AATI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Skyworks Solutions, Inc. (Nasdaq: SWKS). Under the terms of the proposed deal, AATI shareholders will receive $3.68 in cash and 0.08725 of a share of Skyworks common stock per share. The proposed deal represents a value of $6.13 per share of AATI stock for an approximate total transaction value of $262 million.
The investigation concerns whether the AATI Board of Directors breached their fiduciary duties to AATI stockholders by failing to adequately shop the Company before entering into this transaction and whether Skyworks is underpaying for AATI shares.
If you own common stock in AATI and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/advanced-analogic.html.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.