SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of AsiaInfo-Linkage, Inc.
24 Maggio 2013 - 6:03PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
AsiaInfo-Linkage, Inc. (“ASIA” or the “Company”) (Nasdaq: ASIA)
relating to the proposed acquisition by a consortium of investors
led by CITIC Capital Partners and the Company’s co-founder.
Click here to learn more about the investigation
http://brodsky-smith.com/585--asiainfo-linkage-inc.html, or call
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, ASIA shareholders will
receive only $12.00 in cash for each share of ASIA stock they own.
The investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of ASIA for
not acting in the Company’s shareholders' best interests in
connection with the sale process. The transaction may undervalue
the Company and will result in a loss for many long term ASIA
shareholders. ASIA stock traded at $13.85 per share as recently as
March 13, 2012 and traded at $17.56 per share on July 5, 2011. In
addition, an analyst has set a $16.00 per share price target on
ASIA stock and, for the most recent quarter, ASIA has a reported
book value of $14.25.
If you own shares of ASIA common stock and wish to discuss the
legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/585--asiainfo-linkage-inc.html, or calling
toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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