Finkelstein Thompson LLP Announces Investigation of CPI International, Inc.
November 30 2010 - 6:55PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of CPI International, Inc. (“CPI” or the
“Company”) (NASDAQ: CPII) concerning the proposed acquisition of
the Company by Veritas Capital. Under the terms of the offer, CPI
shareholders will receive $19.50 in cash for each share of the
Company’s common stock held in a transaction valued at
approximately $525 million, including debt assumption.
The investigation is focused on the potential unfairness of the
deal price to CPI shareholders, the process by which the CPI Board
of Directors considered the transaction, and potential conflicts of
interests on the part of CPI Board members. Certain CPI
shareholders have already entered into a voting agreement with an
affiliate of Veritas Capital to vote approximately 49 percent of
the Company’s outstanding shares in favor of the merger.
If you are interested in discussing your rights as a CPI
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
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