We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of DSP Group, Inc. (“DSP Group” or the “Company”) (NASDAQ: DSPG) in connection with the proposed acquisition of the Company by Synaptics Incorporated (NASDAQ: SYNA). Under the terms of the merger agreement, the Company’s shareholders will receive $22.00 per share in cash for each share of DSP Group common stock that they hold.
WeissLaw LLP is investigating whether (i) DSP Group’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $22.00 per-share merger considerationadequately compensates DSP Group’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully andfairly disclosed. Notably, at least oneanalyst set a price target for the Company of $25.00 per share, $3.00 above the per-share merger consideration.