Science & Technology
Science and Technology
Science and Technology 
Tue, May 31, 2011
Mon, May 30, 2011
Sat, May 28, 2011
Fri, May 27, 2011
Murray, Frank & Sailer LLP Announces Investigation of the Acquisition of Advanced Analogic Technologies Incorporated by Skywork
NEW YORK--([ BUSINESS WIRE ])--Murray, Frank & Sailer LLP is investigating claims of breach of fiduciary duty by certain members of the board of directors of Advanced Analogic Technologies (NASDAQ: AATI) in relation to the acquisition of AATI by Skyworks Solutions, Inc. (NASDAQ: SWKS).
On May 26, 2011, AATI and Skyworks announced that Skyworks will acquire AATI pursuant to a transaction under which AATI stockholders will receive $3.68 in cash and 0.08725 shares of Skyworks common stock for each share of AATI common stock held. The deal should have a total an aggregate value of approximately $262 million, or $6.13 per share
The investigation concerns whether certain members of the board of directors breached their fiduciary duties in connection with their efforts to sell AATI to Skyworks at an inadequate price through an unfair process that significantly undervalues the Company.
If you are a current investor in AATI who purchased AATI before May 26, 2011, and you wish to discuss this investigation or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Gregory Frank at (800) 497-8076 or (212) 682-1818, or by email at [ investigations@murrayfrank.com ].