Bernstein Liebhard LLP Announces Investigation of Acquisition of McAfee, Inc. by Intel Corporation
August 19 2010 - 10:25AM
Business Wire
Bernstein Liebhard LLP is investigating whether the Board of
Directors of McAfee, Inc. (“McAfee” or the “Company”) (NYSE: MFE)
breached its fiduciary duty to its shareholders in agreeing to sell
McAfee to Intel Corporation.
Under the terms of the agreement, McAfee shareholders will
receive $48.00 in cash for each share they own, placing the total
value of the transaction at approximately $7.68 billion. The
investigation is focused on the potential unfairness of the price
to McAfee shareholders and the process by which the McAfee Board of
Directors considered and approved the transaction.
If you are interested in discussing your rights as a McAfee
shareholder and/or have information relating to the matter, please
contact U. Seth Ottensoser at (877) 779-1414 or
Ottensoser@bernlieb.com.
Bernstein Liebhard has pursued hundreds of securities, consumer
and shareholder rights cases and recovered almost $3 billion for
its clients. It has been named to The National Law Journal’s
“Plaintiffs’ Hot List” in each of the last seven years.
Bernstein Liebhard LLP10 East 40th StreetNew York, New York
10016(877) 779-1414www.bernlieb.com
ATTORNEY ADVERTISING. © 2010 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New York 10016, (212) 779-1414.
Prior results do not guarantee or predict a similar outcome with
respect to any future matter.
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