Pomerantz Law Firm Investigates Claims on Behalf of Investors of FSI International, Inc.
August 13 2012 - 12:16PM
Business Wire
Pomerantz Grossman Hufford Dahlstrom & Gross LLP is
investigating claims on behalf of investors FSI International, Inc.
(“FSI” or the “Company”) (NASDAQ: FSII) (ISIN: US3026331021)
concerning the proposed acquisition of FSI by Tokyo Electron
Limited in a cash transaction valued at approximately $252.5
million.
The investigation concerns whether the FSI directors are
breaching their fiduciary duties by failing to adequately shop the
Company and maximize shareholder value. Under the terms of the
agreement, FSI shareholders would receive $6.20 in cash per share
of FSI common stock. However, at least one analyst set a target
price of $7.50 per share of FSI common stock.
FSI shareholders seeking more information about this acquisition
are advised to contact Rebecca Jarmon at rjarmon@pomlaw.com or
212-661-1100 or 888-476-6529, ext. 314.
The Pomerantz Firm, with offices in New York and Chicago, is
acknowledged as one of the premier firms in the areas of corporate,
securities, and antitrust class litigation. Founded by the late
Abraham L. Pomerantz, known as the dean of the class action bar,
the Pomerantz Firm pioneered the field of securities class actions.
Today, more than 75 years later, the Pomerantz Firm continues in
the tradition he established, fighting for the rights of the
victims of securities fraud, breaches of fiduciary duty, and
corporate misconduct. The Firm has recovered numerous
multimillion-dollar damages awards on behalf of defrauded
investors. See www.pomerantzlaw.com.
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