An investigation on behalf of investors of Cascade Microtech, Inc. (NASDAQ:CSCD) in connection with the proposed takeover was announced and NASDAQ:CSCD stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 02/23/2016 --An investigation for shareholders in Cascade Microtech, Inc. was announced concerning the buyout of Cascade Microtech, Inc. by FormFactor, Inc for a value of $21.13 per share is unfair to NASDAQ:CSCD stockholders.

On February 4, 2016, FormFactor, Inc.and Cascade Microtech, Inc. announced that they have entered into an agreement under which FormFactor will acquire all outstanding Cascade Microtech, Inc. shares in a cash and stock transaction.

Investors who purchased shares of Cascade Microtech, Inc. (NASDAQ:CSCD) and currently hold any of those NASDAQ:CSCD shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Cascade Microtech, Inc. breached their fiduciary duties owed to NASDAQ:CSCD investors in connection with the proposed acquisition.

Under the terms of the transaction for each share of Cascade Microtech, Inc. (NASDAQ:CSCD) stock held, Cascade Microtech, Inc. (NASDAQ:CSCD) stockholders will be entitled to receive $16.00 in cash and 0.6534 of a share of FormFactor common stock, subject to the terms of the merger agreement. The transaction values Cascade Microtech, Inc. (NASDAQ:CSCD) at $21.13 per share, or $352 million in equity value based on the closing price of FormFactor's stock on February 3, 2016, of $7.85.

However, the investigation concerns whether the offer is unfair to NASDAQ:CSCD stockholders. More specifically, the investigation concerns whether the Cascade Microtech Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On February 19, 2016, NASDAQ:CSCD shares closed at $19.93 per share.

Those who are current investors in Cascade Microtech, Inc. (NASDAQ:CSCD) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com