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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Mellanox Technologies, Ltd. (“Mellanox” or the “Company”) (NASDAQGS: MLNX) to NVIDIA (NASDAQGS: NVDA). Under the terms of the transaction, Mellanox shareholders will receive $125 per share in cash.
The Mellanox merger investigation concerns whether the Board of Mellanox breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether NVIDIA is underpaying for Mellanox shares, thus unlawfully harming Mellanox shareholders.
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