Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Buyout of Tekelec
November 07 2011 - 10:37AM
Business Wire
Holzer Holzer & Fistel, LLC is investigating whether the
directors of Tekelec (“Tekelec” or the “Company”) (NASDAQ: TKLC)
complied with their fiduciary duties in approving the proposed
acquisition of the Company by Siris Capital Group. According to the
Company’s announcement, if the deal closes Tekelec shareholders
will receive $11.00 per share of TKLC owned. The investigation
seeks to determine, among other things, whether the consideration
to be paid to Tekelec shareholders is fair and adequate.
Current holders of Tekelec common stock with questions
concerning their legal rights are encouraged to contact Holzer
Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr.,
Esq., or Marshall P. Dees, Esq. via email at
mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via
toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC dedicates its practice to
vigorous representation of shareholders and investors in litigation
nationwide, including shareholder class action and derivative
litigation. More information about the firm is available through
its website, www.holzerlaw.com and upon request from the
firm. Holzer Holzer & Fistel, LLC has paid for the
dissemination of this promotional communication, and Michael I.
Fistel, Jr. is the attorney responsible for its content.
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