AVX Corporation (AVX)

[jgrabar]

Grabar Law Office is investigating potential claims against the Board of Directors of AVX Corporation ("AVX" or "the Company") for possible breaches of fiduciary duty and other violations of Delaware state law in connection with the proposed sale of the Company to Kyocera Corporation ("Kycocera") and that the deal should be subject to a restrictive “entire fairness” test under Delaware law.

On February 21, 2020, AVX announced that it had entered into a merger agreement, in which Kyocera will acquire "all the outstanding shares of common stock of AVX not owned by Kyocera pursuant to an all-cash tender offer for $21.75 per share (the "Tender Offer"), followed by a merger in which all of the outstanding shares of AVX common stock not tendered in the Tender Offer (other than shares owned by holders who validly seek appraisal or shares already held by Kyocera) will be converted into the right to receive $21.75 per share of common stock, in cash.

If you are an AVX shareholder and believe the proposed buyout price is too low and want to learn more about your rights, contact [e-mail] or message me here.

Best regards,

Josh