BTUI SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation of the Board of Directors of BTU International, Inc. Re...
October 24 2014 - 12:21PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
BTU International, Inc. (“BTU” or “the Company”) (NASDAQ: BTUI) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Amtech Systems,
Inc.
Click here to learn more about the investigation:
http://zlk.9nl.com/btu-international-btui.
Under the terms of the transaction, BTU shareholders will
receive 0.3291 newly registered shares of Amtech common stock for
each share of BTU stock they own, or approximately $3.33 per share.
The investigation concerns whether the Board of BTU breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
Amtech Systems, Inc. is underpaying for BTU shares. In particular,
BTU stock traded above the offer price as recently as October 8,
2014.
If you own BTU common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/btu-international-btui.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 28
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com