Shareholder Alert:The Briscoe Law Firm
Investigates Microtune Inc.’s Board Concerning
the Acquisition of Microtune by Zoran
September 08, 2010 11:47 AM Eastern Daylight Time
DALLAS--(EON: Enhanced Online News)--The Briscoe Law Firm, PLLC, founded by a former state prosecutor
and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers
Taylor, LLP are investigating potential legal claims against the Board of Directors of Microtune Inc. (“TUNE” or
“Company”) (NASDAQ: TUNE) related to the proposed acquisition of Microtune by Zoran Corporation.
The agreement involves a transaction valued at approximately $166 million, under which Microtune shareholders will
receive $2.92 in cash for each share ofTUNE common stock they hold. Although the proposed acquisition price
represents a 19% premium over Microtune’s closing price on September 7, 2010, at least one analyst has set a
target price of $5.00 per share. In addition, due to the fact that Microtune stock has traded higher than the
acquisition price this year, the proposed price appears to be unfair to Microtune shareholders.
The investigation relates to possible breaches of fiduciary duty and other violations of state law by the Board of
Directors of Microtune for approving this transaction, whether the consideration to be received by Microtune
shareholders is fair, and whether Microtune’s Board of Directors acted in the shareholders’ best interests.
If you currently own shares of Microtune/TUNE and would like additional information regarding this investigation, or
if you have information regarding the allegations involving this transaction, please contact Patrick Powers at Powers
Taylor, LLP, toll free (877) 728-9607, via e-mail at firstname.lastname@example.org, or Willie Briscoe at The Briscoe
Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost
or fee to you.
The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20
years of experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters,
including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security
The Briscoe Law Firm, PLLC
Willie C. Briscoe, 214-706-9314
Powers Taylor, LLP
Patrick W. Powers, 214-239-8900