Harwood Feffer LLP Announces Investigation of SRA International, Inc.
April 01 2011 - 2:00PM
Business Wire
Harwood Feffer LLP (www.hfesq.com)
is investigating potential claims against the board of directors of
SRA International, Inc. ("SRA" or the "Company") (NYSE: SRX)
concerning the Company’s entry into an agreement to be acquired by
an affiliate of Providence Equity Partners in a deal valued at
approximately $1.88 billion.
Under the terms of the proposed transaction, shareholders of SRA
will receive $31.25 in cash for each share of SRA common stock. Our
investigation concerns whether the board of directors is
undertaking a fair process to obtain fair consideration for all
shareholders of SRA. The Company’s founder and chairman, who owns
approximately 11.8 million shares of SRA Class A and Class B common
stock and holds 71% of the voting rights, has already agreed to
vote his shares in favor of the merger.
If you own shares of SRA and would like to learn more about
these claims or if you wish to discuss this matter and have any
questions or information concerning this announcement, please
contact Robert I. Harwood, Esq. at rharwood@hfesq.com or Daniella
Quitt, Esq. at dquitt@hfesq.com. You may also call them at (877)
935-7400. For more information about class actions, or to sign up
online, please visit our website: www.hfesq.com.
Harwood Feffer LLP is a national shareholder litigation firm.
Harwood Feffer LLP is devoted to protecting the interests of
individual and institutional investors in shareholder actions in
state and federal courts nationwide.
Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter.
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