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SunEdison Semiconductor (SEMI) Alert: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of SunEdison Semiconductor Limited; Are Shareholders Getting a Fair Price?

SAN DIEGO, August 18, 2016 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of SunEdison Semiconductor Limited SEMI, +38.10% breached their fiduciary duties in connection with the proposed sale of the Company to GlobalWafers Co., Ltd. SunEdison Semiconductor develops, manufactures and sells silicon wafers in the United States and internationally.

On August 17, 2016, SunEdison Semiconductor announced it had signed a definitive merger agreement with GlobalWafers. Under the terms of the agreement, SunEdison Semiconductor stockholders will receive $12.00 a share in cash.

The investigation concerns whether the SunEdison...


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