Levi & Korsinsky is investigating the Board of Directors of Microtune,
Inc. (Microtune or the Company) (NasdaqGM: TUNE) for possible
breaches of fiduciary duty and other violations of state law in
connection with their attempt to sell the Company to Zoran Corporation
(Zoran) (NasdaqGM: ZRAN). Under the terms of the transaction,
Microtune shareholders will receive $2.92 in cash for each share of
Microtune common stock they own for a total transaction value of
approximately $166 million.
The investigation concerns whether the Microtune Board of Directors
breached their fiduciary duties to Microtune stockholders by failing to
adequately shop the Company before entering into this transaction and
whether Zoran is underpaying for Microtune shares, thus unlawfully
harming Microtune stockholders.
If you own common stock in Microtune and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500 or visit http://www.zlk.com/microtune-tune.html.
Levi & Korsinsky has expertise in prosecuting investor securities
litigation and extensive experience in actions involving financial fraud
and represents investors throughout the nation, concentrating its
practice in securities and shareholder litigation.

Source: Business Wire