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ACCL Accelrys, Inc. (MM)

12.51
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Accelrys, Inc. (MM) NASDAQ:ACCL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.51 0 01:00:00

SHAREHOLDER ALERT: Kendall Law Group Investigates Acquisition of Accelrys, Inc. by Dassault Systemes SA

30/01/2014 4:02pm

Business Wire


Accelrys, Inc. (MM) (NASDAQ:ACCL)
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Kendall Law Group, led by former federal judge Joe Kendall, is investigating whether the Accelrys, Inc. Board of Directors (NYSE:ACCL) breached its fiduciary duty to its shareholders in agreeing to sell Accelrys to Dassault Systemes SA without first obtaining the best possible price for shareholders. If you currently own shares of ACCL and purchased those shares before January 30, 2014, you are encouraged to contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email at jmckey@kendalllawgroup.com to learn more about your rights as a shareholder.

On January 30, 2014, Dassault Systemes announced that they had agreed to acquire all the shares of Accelrys for $12.50 per share, or $750 million. Accelrys has no long-term debt and has over $100 million in cash on its books or the equivalent of $1.86 per share. Additionally, the $12.50 per share acquisition price is below one analyst’s projection. Indeed, analysts have projected that the stock is worth at least $13 per share.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

Kendall Law Group LLPJamie McKey, 214-744-3000877-744-3728 Toll Free214-744-3015 Facsimilejmckey@kendalllawgroup.comwww.kendalllawgroup.com

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1 Year Accelrys, Inc. (MM) Chart

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1 Month Accelrys, Inc. (MM) Chart

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