NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Pericom Semiconductor Corp. (“Pericom” or the “Company”) (NasdaqGS:PSEM) for potential breaches of fiduciary duties in connection with the sale of the Company to Diodes Corporation for approximately $400 million in a cash transaction. The Company’s stockholders will only receive $17.00 for each share of Company common stock they own.
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