Wolf Popper LLP Investigates Claims That the Proposed Acquisition of Entropic Communications, Inc. May Not Be In the Best Interests of Its Investors

NEW YORK, Feb. 5, 2015 /PRNewswire/ -- Popper LLP is investigating claims on behalf of investors in Entropic Communications, Inc. ("Entropic") ENTR, concerning the proposed acquisition of Entropic by MaxLinear, Inc. MXL.  Entropic shareholders seeking more information about this acquisition are advised to contact Carl Stine at (212) 759-4600 or cstine@wolfpopper.com.

The investigation concerns whether Entropic's directors are breaching their fiduciary duties by failing to adequately maximize shareholder value.  Under the terms of the proposed transaction, Entropic's shareholders will receive (i) $1.20 per share in cash and (ii) 0.2200 shares of MaxLinear common stock for each Entropic share they own.  The proposed transaction is valued at approximately $287 million or $3.07 per share.  However, the offer price is below Entropic's 52-week high price of $4.73 per share and below the median analyst price target of $3.81 per share.

Wolf Popper LLP has extensive experience representing investors in mergers and acquisition lawsuits and has successfully ensured that investors receive the maximum compensation.  Twelve Wolf Popper attorneys were named Rising Stars or Super Lawyers in the 2014 Super Lawyers New York City Metro Edition, including Wolf Popper partner Carl Stine, who was included in the Super Lawyers Top 100 List for the New York City Metro area.  View Wolf Popper attorney biographies at www.wolfpopper.com.

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SOURCE Wolf Popper LLP