Merger News

Levi & Korsinsky Investigating Integrated Device Technology Merger

Levi & Korsinsky, LLP

September 26, 2018

To: All Persons or Entities who purchased Integrated Device Technology, Inc. (“IDT” or the “Company”) (NASDAQGS: IDTI) stock prior to September 11, 2018. Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of IDT to Renesas Electronics Corporation for $49.00 in cash per share. To learn more about the Integrated Device merger and your rights, go tohttps://www.zlk.com/mna/integrated-device-technology-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The IDT merger investigation concerns whether the Board of IDT breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Renesas Electronics Corporation is underpaying for IDT shares, thus unlawfully harming IDT shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com