Rigrodsky & Long, P.A. Announces Investigation Of TNS, Inc. Buyout
23 Gennaio 2013 - 12:01AM
Business Wire
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of TNS, Inc.
(“TNS” or the “Company”) (NYSE: TNS) 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 investor
group led by Siris Capital Group (“Siris”) in a transaction valued
at approximately $862 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/tns-inc-tns.
Under the terms of the proposal, public shareholders of TNS will
receive $21.00 per share in cash for each share of TNS they
own.
The investigation concerns whether TNS’s board of directors
failed to adequately shop the Company and obtain the best possible
value for TNS’s shareholders before entering into an agreement with
Siris. According to Yahoo! Finance, at least one analyst has set a
price target for TNS stock at $27.50.
If you own the common stock of TNS and purchased your shares
before December 11, 2012, 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
Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate
Boulevard, Suite 300, Garden City, New York 11530 toll free at
(888) 969-4242, by e-mail to info@rigrodskylong.com, or at:
http://www.rigrodskylong.com/investigations/tns-inc-tns.
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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