WILMINGTON, DE / ACCESSWIRE / December 20, 2019 / Rigrodsky & Long, P.A.:
- Do you own shares of TiVo Corporation (NASDAQ GS:TIVO)?
- Did you purchase any of your shares prior to December 19, 2019?
- Do you think the proposed merger is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors TiVo Corporation ("TiVo" or the "Company") (NASDAQ GS: TIVO) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to merge with Xperi Corporation ("Xperi") (NASDAQ GS:XPER) in a transaction valued at approximately $3 billion. Under the terms of the agreement, shareholders of TiVo will receive 0.455 shares of Xperi for each share of TiVo they own. Upon completion of the transaction, shareholders of Xperi will own approximately 46.5% of the combined company and TiVo shareholders will own approximately 53.5%.
If you own common stock of TiVo and purchased any shares before December 19, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at [email protected], or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
[email protected]
http://www.rigrodskylong.com
SOURCE: Rigrodsky & Long, P.A.