NEW YORK, Nov. 21, 2016 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the
board of directors of Applied Micro Circuits Corporation ("AMCC" or the "Company") (NASDAQ: AMCC) concerning the proposed
acquisition of the Company by MACOM Technology Solutions Holdings, Inc. ("MACOM").
Under the terms of the offer, MACOM would acquire AMCC in a transaction valued at approximately $770
million. Pursuant to the deal, AMCC stockholders will receive $8.36 in cash for each
share owned.
Our investigation concerns whether the AMCC board of directors is fulfilling its fiduciary duties, maximizing the value of the
Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company
stockholders.
If you own AMCC shares and wish to discuss this matter with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to
any future matter.
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SOURCE Harwood Feffer LLP