NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Micron Technology, Inc. stock.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the proposed sale of Micron Technology (NASDAQ:MU) to Tsinghua Unigroup for a reported $21.00 per share, or $23 billion. Analysts have cited the bid as inadequate, and sophisticated investors such as David Einhorn recently said that Micron had the potential to be worth more than Netflix, which has a market capitalization of over $42.9 billion.
To learn more about the investigation and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.