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ANEN Anaren, Inc. (MM)

27.98
0.00 (0.00%)
15 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Anaren, Inc. (MM) NASDAQ:ANEN 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% 27.98 0 01:00:00

The Shuman Law Firm Investigates Anaren, Inc.

25/11/2013 4:52pm

Business Wire


Anaren, Inc. (MM) (NASDAQ:ANEN)
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The Shuman Law Firm announces that it is investigating potential claims on behalf of Anaren, Inc. (“Anaren” or the “Company”) (NASDAQ: ANEN) shareholders. Anaren is an East Syracuse, NY-based company that designs, develops, and manufactures components, assemblies, and subsystems primarily for the wireless communications, satellite communications, and space and defense electronics markets worldwide.

The Firm’s investigation relates to the proposed acquisition of the Company by an affiliate of The Veritas Capital Fund IV, L.P. (“Veritas Capital”). Under the terms of the proposed transaction, Anaren shareholders will receive $28.00 in cash for each share of Anaren owned, valuing the transaction at approximately $381 million. The investigation concerns whether the Anaren Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the $28.00 per share proposed consideration adequately values Anaren’s common stock.

If you are an Anaren shareholder and are interested in discussing your rights as a shareholder, or have information relating to this investigation, please contact Rusty E. Glenn toll free at (866) 974-8626 or email Mr. Glenn at rusty@shumanlawfirm.com.

The Shuman Law Firm represents investors throughout the nation, concentrating its practice in stockholder litigation.

The Shuman Law FirmRusty E. Glenn, Esq., 866-974-8626rusty@shumanlawfirm.comwww.shumanlawfirm.com

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