NEW YORK--(BUSINESS WIRE)-- 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 email@example.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.
Kirby McInerney LLP
J. Brandon Walker, Esq., 212-699-1145
Source: Kirby McInerney LLP