December 01, 2015 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of Fairchild Semiconductor Intl Inc (NASDAQ:FCS), was announced concerning whether the takeover of Fairchild Semiconductor Intl Inc by ON Semiconductor Corporation for $20.00 per share is unfair to NASDAQ:FCS stockholders.

The investigation by a law firm concerns whether certain officers and directors of Fairchild Semiconductor Intl Inc breached their fiduciary duties owed to NASDAQ:FCS investors in connection with the proposed acquisition.

On November 18, 2015 ON Semiconductor Corporation (Nasdaq: ON) (and Fairchild Semiconductor International Inc. (NASDAQ:FCS) announced that they have entered into an agreement for ON Semiconductor to acquire Fairchild Semiconductor Intl Inc (NASDAQ:FCS) for $20.00 per share in an all cash transaction valued at approximately $2.4 billion.

However, given that shares of Fairchild Semiconductor Intl Inc traded in the open market as high as $20.39 per share in May 2015, the investigation concerns whether the offer is unfair to NASDAQ:FCS stockholders. More specifically, the investigation concerns whether the Fairchild Semiconductor 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.

Fairchild Semiconductor Intl Inc reported that its Total Revenue rose from $1.4 billion for the 52 weeks period that ended on December 29, 2013 to over $1.43 billion for the 52 weeks period that ended on December 28, 2014.