Law Office of Brodsky & Smith, LLC Announces Investigation of
TNS, Inc.
BALA CYNWYD, Pa., Dec. 13, 2012 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of TNS, Inc. ("TNS"
or the "Company") (NYSE: TNS) relating to the proposed acquisition
by Siris Capital Group ("Siris").
Under the terms of the transaction, TNS shareholders will
receive only $21.00 in cash for each
share of TNS stock they own. The investigation concerns possible
breaches of fiduciary duty and other violations of state law by the
Board of Directors of TNS for not acting in the Company's
shareholders' best interests in connection with the sale process to
Siris. The transaction may undervalue the Company and will not
result in a substantial gain for many shareholders. For example TNS
stock traded at $22.46 as recently as
March 26, 2012 and an analyst has set
a price target for TNS stock at 27.50 per share.
If you own shares of TNS 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 visiting
http://brodsky-smith.com/516-tns-tns-inc.html, by calling toll free
877-LEGAL-90.
SOURCE Brodsky & Smith, LLC