Science & Technology
Science and TechnologyScience and Technology 
Mon, September 12, 2011
Kendall Law Group Investigates NetLogic Microsystems,;; Inc.
DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], led by former federal judge Joe Kendall, is investigating NetLogic Microsystems, Inc. (NASDAQ: NETL) for shareholders in connection with the proposed acquisition by Broadcom Corporation. The national securities firma™s investigation seeks to determine whether NetLogic and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a NetLogic shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at [ investor@kendalllawgroup.com ].
On September 12, 2011, the companies announced the definitive merger agreement under which NetLogic would be acquired by Broadcom, in a transaction valued at approximately $3.7 billion. Under the terms of the agreement, NetLogic stockholders will receive $50.00 in cash for each share of NetLogic/NETL common stock held. According to Thompson/First Call, analysts have set a price target as high as $54.00 per share for NetLogica™s stock. The firma™s investigation seeks to determine whether NetLogic and its Board undertook a fair process in negotiating the deal.
Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.