Measurement Specialties Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP
18 Luglio 2014 - 9:52PM
Business Wire
Glancy Binkow & Goldberg LLP is investigating potential
claims against the Board of Directors of Measurement Specialties
Inc. (“MEAS” or the “Company”) (NYSE:MEAS) related to the proposed
acquisition of the Company by TE Connectivity Ltd. The transaction
is valued at approximately $1.7 billion, and under the terms of the
agreement, MEAS shareholders are to receive $86.00 per share in
cash in exchange for each share of MEAS they own.
This investigation concerns whether the Board of Directors of
MEAS breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into the
proposed transaction, and whether the Company has disclosed all
material information to shareholders about the transaction.
If you are a shareholder of MEAS, if you have information or
would like to learn more about our investigation, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Louis Boyarsky, Esquire, Glancy Binkow
& Goldberg LLP, 1925 Century Park East, Suite 2100, Los
Angeles, CA 90067, by telephone at 310-201-9150 or Toll-Free at
888-773-9224 or by email to shareholders@glancylaw.com. This press
release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Glancy Binkow & Goldberg LLPLouis Boyarsky,
Esquire310-201-9150888-773-9224shareholders@glancylaw.com
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