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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Comsys IT Partners (MM) | NASDAQ:CITP | 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% | 17.73 | 0 | 01:00:00 |
Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of COMSYS IT Partners, Inc. (Nasdaq:CITP) (“COMSYS” or the “Company”) arising from the recently-announced acquisition of the Company by Manpower Inc. (“Manpower”). Under the terms of the merger agreement, Manpower will acquire all outstanding shares of COMSYS common stock whereby COMSYS shareholders can elect to receive either $17.65 in cash for each share of COMSYS common stock owned or a fraction of a share of Manpower common stock equal to $17.65 divided by the average trading price of Manpower common stock during the ten trading days ending on and including the second trading day prior to the closing of the agreement. The proposed deal is valued at approximately $431 million.
The investigation is focused on the potential unfairness of the price to COMSYS shareholders and the process by which the Company's Board of Directors considered and approved the transaction, particularly since the merger agreement includes a $15.2 million termination fee and a clause prohibiting the Board from discussing or seeking any superior proposals.
If you are interested in discussing your rights as a COMSYS shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, D.C. offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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