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Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Transphorm, Inc. to Renesas Electronics Corporation for $5.10 per share in cash is fair to Transphorm.
Renesas will acquire all outstanding shares of Transphorm's common stock for $5.10 per share in cash, representing a premium of 35% to closing price on January 10, 2024.