Finkelstein Thompson LLP Announces Investigation of Tellabs Inc. Going Private Proposal
21 Outubro 2013 - 2:28PM
Business Wire
The law firm of Finkelstein Thompson LLP is investigating
potential claims on behalf of shareholders of Tellabs Inc. (Nasdaq:
TLAB) (“Tellabs” or “the Company”), concerning the Company’s
proposed acquisition by Marlin Equity Partners. Under the terms of
the merger agreement, Tellabs’ common shareholders will receive
$2.45 in cash for each common share of Tellabs stock they own. At
least one analyst has set a target price of $2.50 for Tellabs
shares. The total deal is valued at approximately $891 million.
The investigation is focused on whether Tellabs’ Board of
Directors breached its fiduciary duty in failing to maximize
consideration to shareholders, the potential unfairness of the
consideration to shareholders, the process by which the Board
considered the transaction, and potential conflicts of interest
among the Company’s Board members.
If you are interested in discussing your rights as a Tellabs
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson’s Washington, DC offices at
(877) 337-1050 or (202) 337-8000, or by email at
contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or
co-counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
website at www.finkelsteinthompson.com. Attorney advertising. Prior
results do not guarantee similar outcomes.
Finkelstein Thompson LLPRosalee B. C. Thomas877-337-1050
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