Kirby McInerney LLP is investigating potential claims against
International Rectifier Corporation (“International Rectifier” or the
“Company”) (NYSE:IRF) concerning the proposed acquisition of the Company
by Infineon Technologies AG (“Infineon”) (OTC QX: IFNNY). Under the
terms of the definitive merger agreement, International Rectifier
stockholders will receive $40.00 in cash for each share of International
Rectifier common stock they own, valuing the transaction at
approximately $3 billion.
The investigation concerns whether the International Rectifier Board of
Directors violated its fiduciary duties by agreeing to the proposed
transaction and whether the proposed consideration adequately values the
Company’s common stock.
If you are an International Rectifier stockholder and wish to obtain
additional information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com or telephone
at (212) 699-1145, or toll free at (888) 529-4787, or by filling
out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, stockholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
Copyright Business Wire 2014