MENTOR GRAPHICS (MENT) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Mentor Graphics Co...
November 21 2016 - 8:01AM
Business Wire
Andrews & Springer LLC, a boutique securities class
action law firm focused on representing shareholders nationwide, is
investigating potential breach of fiduciary duty claims against the
Board of Directors of Mentor Graphics Corporation (NASDAQGS: MENT)
(“Mentor Graphics” or the “Company”) relating to the sale of the
Company to Siemens. On November 14, 2016, the two parties announced
the signing of a definitive merger agreement pursuant to which
Siemens will acquire Mentor Graphics in a merger worth $4.5
billion. As a result of the merger, Mentor Graphics shareholders
are only anticipated to receive $37.25 per share in cash in
exchange for each share of Mentor Graphics.
Our Firm's investigation so far has also discovered that the
process leading up to the announcement of the merger appears to
have significant conflicts of interest, thus making the process and
consideration unfair.
Andrews & Springer is investigating whether Mentor Graphics’
directors are breaching their fiduciary duties by failing to
adequately shop the company and maximize shareholder value. Our
firm is also investigating the Company's financial advisor, Bank of
America Merrill Lynch, and whether Bank of America Merrill Lynch
conducted a fair sales process.
If you own shares of Mentor Graphics and want to receive
additional information and protect your investments free of charge,
please visit us at
http://www.andrewsspringer.com/cases-investigations/mentor-graphics-class-action-investigation/
or contact Craig J. Springer, Esq.
at cspringer@andrewsspringer.com, or call toll free at
1-800-423-6013. You may also follow us on LinkedIn –
www.linkedin.com/company/andrews-&-springer-llc, Twitter –
www.twitter.com/AndrewsSpringer or Facebook -
www.facebook.com/AndrewsSpringer for future updates.
Andrews & Springer is a boutique securities class action law
firm representing shareholders nationwide who are victims of
securities fraud, breaches of fiduciary duty or corporate
misconduct. Having formerly defended some of the largest financial
institutions in the world, our founding members use their valuable
knowledge, experience, and superior skill for the sole purpose of
achieving positive results for investors. These traits are the
hallmarks of our innovative approach to each case our Firm
decides to prosecute. For more information please visit our website
at www.andrewsspringer.com. This notice may constitute Attorney
Advertising.
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Andrews & Springer LLCCraig J. Springer, Esq.,
1-800-423-6013cspringer@andrewsspringer.com
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