Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/virl)
is investigating potential claims against the board of directors of
Virage Logic Corporation ("Virage Logic" or the "Company") (NASDAQ:VIRL)
concerning possible breaches of fiduciary duty and other violations of
law related to the Company's entry into an agreement to be acquired by
Synopsys, Inc. ("Synopsys”), in a transaction valued at approximately
$315 million.
Our investigation concerns possible breaches of fiduciary duty and other
violations of law related to approval of the transaction by Company’s
board of directors; in particular, whether the Company undertook a fair
process to obtain fair consideration for all shareholders of Virage
Logic. For more information regarding our investigation, please contact
Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877)
316-3218 or by email at rmaniskas@rmclasslaw.com
or visit: www.rmclasslaw.com/cases/virl.
Under the proposed agreement, Virage Logic shareholders will receive
$12.00 in cash for each Virage Logic share of common stock they hold.
If you own shares of Virage Logic and would like to learn more about
these claims or if you wish to discuss these matters and have any
questions concerning this announcement or your rights, contact Richard
A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online,
visit: www.rmclasslaw.com/cases/virl.
You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com.
For more information about class action cases in general, please visit
our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan and
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal
courts nationwide.
