NEW YORK, June 23, 2014 /PRNewswire/ -- Tripp Levy PLLC, a
leading national securities and shareholder rights law firm,
announces that it is investigating the acquisition of MICROS
Systems, Inc. ("MICROS" or the Company") (NASDAQ: MCRS) on behalf
of its shareholders. MICROS announced that it has entered into a
definitive agreement to be acquired by Oracle. Under the
terms of the agreement, MICROS stockholders will receive
$68 per share in cash for each share
of common stock they hold.
The investigation concerns whether the board of directors and
senior management of MICROS engaged in a full and fair auction and
process to insure that shareholders received the maximum amount for
their shares, whether the price of $68 per share is unfairly low and whether senior
management received any benefits that are not being shared with the
other common stockholders of the Company. Indeed, MICROS has
no long term debt and has over $650
million in cash on its balance sheet.
If you are a shareholder of MICROS and would like additional
information regarding this matter, at no cost or expense, please
contact us at:
Tripp Levy PLLC
New York, New York
Toll free: 1-800-511-7037
International: 602.241.2841
Email: contact@tripplevy.com
www.tripplevy.com
Tripp Levy PLLC represents individual and institutional
investors in shareholder actions and, along with its affiliates,
has recovered billions of dollars for shareholders in securities
actions. Tripp Levy PLLC has become affiliated with Milberg
LLP. Attorney advertising. Prior results do not
indicate a similar outcome
SOURCE Tripp Levy PLLC