NEW YORK, June 23, 2014 /PRNewswire/ -- Harwood Feffer
LLP (www.hfesq.com) is investigating potential claims against the
board of directors of MICROS Systems, Inc. ("MICROS Systems" or the
"Company") (NASDAQ: MCRS) concerning the proposed acquisition of
the Company by Oracle Corp. ("Oracle").
Under the terms of the transaction, Oracle will purchase MICROS
Systems in a transaction valued at approximately $5.3 billion. MICROS Systems shareholders
will receive $68 in cash for each
share owned.
Our investigation concerns whether the MICROS Systems board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company unit
holders.
If you own MICROS Systems shares and wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
Benjamin I. Sachs-Michaels,
Esq.
Robert I. Harwood, Esq.
Craig Lowther
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising © 2014 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(http://www.hfesq.com/). Prior results do not guarantee or predict
a similar outcome with respect to any future matter.
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SOURCE Harwood Feffer LLP