LIONBRIDGE TECHNOLOGIES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
December 19 2016 - 2:04PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Lionbridge
Technologies, Inc. (NASDAQ GS: LIOX)?
- Did you purchase any of your shares
prior to December 12, 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 Lionbridge
Technologies, Inc. (“Lionbridge” or the “Company”) (NASDAQ GS:
LIOX) 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 H.I.G. Capital, LLC ("H.I.G."), a
leading global private equity investment firm, in a transaction
valued at approximately $360 million.
Click here to learn more:
http://rigrodskylong.com/investigations/lionbridge-technologies-inc-liox.
Under the terms of the agreement, shareholders of Lionbridge
will receive $5.75 in cash for each share of Lionbridge common
stock.
The investigation concerns whether Lionbridge’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Lionbridge shareholders before entering into an
agreement with H.I.G.
If you own the common stock of Lionbridge and purchased your
shares before December 12, 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/lionbridge-technologies-inc-liox.
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/20161219006088/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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