Robbins Umeda LLP, a shareholder rights litigation firm, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the board of directors of Global Traffic Network, Inc. (NASDAQ: GNET) in connection with their efforts to sell the company to an affiliate of GTCR, LLC, a leading private equity firm.

If you own stock in Global Traffic Network and would like more information about your shareholder rights, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or via the shareholder information form on the firm's website.

On August 3, 2011, Global Traffic Network announced that it had entered into a definitive merger agreement under which GTCR affiliates will acquire all outstanding shares of the company through a cash tender offer that is expected to commence shortly. The tender will be followed by a merger in which each share of common stock not acquired in the tender offer will be converted to the right to receive $14.00 per share in cash. The transaction is expected to be completed in the fourth quarter of 2011.

Robbins Umeda LLP's investigation focuses on whether Global Traffic Network's board is undertaking a fair process to obtain maximum value and adequately compensate shareholders. At least two analysts have released target prices for Global Traffic Network that value the company's stock at $15.25 and $16.00 per share, both higher than the price being offered by GTCR affiliates as part of the merger agreement.

Robbins Umeda LLP represents individual and institutional shareholders in derivative, direct, and class action lawsuits. The firm's skilled litigation teams include former federal prosecutors, former defense counsel from top multinational corporate law firms, and career shareholder rights attorneys. Robbins Umeda LLP has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to http://www.robbinsumeda.com.

Press release link: http://www.robbinsumeda.com/shareholders-rights-blog/global-traffic-network/

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