SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Cascade Microtech, Inc. & Encourages Inv...
08 Fevereiro 2016 - 7:58PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Cascade Microtech, Inc. (“Cascade
Microtech” or the “Company”) (NASDAQ: CSCD) relating to the
proposed buyout of the Company by FormFactor, Inc., in a
transaction valued at approximately $352 million.
Under the terms of the agreement, Cascade Microtech shareholders
are anticipated to receive $16.00 in cash and 0.6534 of a share of
FormFactor common stock for each share of Cascade
Microtech they own. The firm’s investigation seeks to
determine, among other things, whether the Company’s Board of
Directors failed to satisfy their duties to shareholders, including
whether the Board adequately pursued alternatives to the
acquisition and whether the Board obtained the best price possible
for the Company’s shares of common stock.
If you currently own common stock of Cascade Microtech and
believe that the proposed buyout price is too low, or you would
like to learn more about the investigation being conducted by
Brower Piven, please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160208006367/en/
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
(NASDAQ:CSCD)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
(NASDAQ:CSCD)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
Notícias em tempo-real sobre da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de Cascade Microtech, Inc. (MM)