NEWPORT CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
23 Febbraio 2016 - 6:33PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Newport
Corporation (NASDAQ GS: NEWP)?
- Did you purchase any of your shares
prior to February 23, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Newport
Corporation (“Newport” or the “Company”) (NASDAQ GS: NEWP)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by an affiliate of certain funds managed by MKS
Instruments, Inc. (NASDAQ GS: MKSI) (“MKS”), in a transaction
valued at approximately $980 million.
Click here to learn more:
http://rigrodskylong.com/investigations/newport-corporation-newp.
Under the terms of the agreement, shareholders of Newport will
receive $23.00 in cash for each share of Newport common stock.
The investigation concerns whether Newport’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Newport shareholders before entering into an agreement
with MKS.
If you own the common stock of Newport and purchased your shares
before February 23, 2016, if you have information or would like to
learn more about these claims, 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
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/newport-corporation-newp.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160223006534/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888)
969-4242(302) 295-5310Fax: (302)
654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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