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Law Office of Brodsky & Smith, LLC Announces Investigation of Advanced Analogic Technologies, Inc.


//science-technology.news-articles.net/content/2 .. ation-of-advanced-analogic-technologies-inc.html
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BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Advanced Analogic Technologies, Inc. (aAdvanced Analogica or the aCompanya) (Nasdaq:AATI) relating to the proposed acquisition by Skyworks Solutions, Inc. (aSkyworksa).

Under the terms of the transaction, Advanced Analogic Technologies shareholders would receive $3.68 in cash and 0.08725 shares of Skyworks stock for each share of Advanced Analogic common stock they own. The transaction values Advanced Analogic stock at approximately $6.13 per share. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Advanced Analogic by not acting in Advanced Analogic shareholders' best interests in connection with the sale process to Skyworks. Certain Advanced Analogic shareholders have both entered into non-competition agreements and agreed to vote all their shares in favor of the transaction, which makes a topping offer less likely.

If you own shares of Advanced Analogic stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ], visiting [ http://brodsky-smith.com/294-aati-advanced-analogic-technologies-inc.html ], or by calling toll free 877-LEGAL-90.


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