![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 |
Kendall Law Group, founded by a former federal judge, is investigating the proposed acquisition of COMSYS IT Partners, Inc. (NASDAQ: CITP) by Manpower Inc. in a $431 million transaction expected to close mid-March 2010. The investigation concerns whether the consideration to be paid to shareholders in this transaction is unfair and substantially below the fair or inherent value of the company. Also, the investigation will focus on whether the Board of Directors of COMSYS may have breached their fiduciary duties by not adequately shopping the Company before entering into the transaction.
Manpower announced today that they have entered into an agreement to acquire COMSYS, which has already been approved by board of directors for both companies. According to the agreement, shareholders will receive a value of $17.65 per share of COMSYS stock owned, which represents a 33% premium over the $13.23 closing price on February 1 before the agreement was announced. Shareholders will have the option to accept all cash or a fraction of Manpower stock.
If you are a current holder of CITP and would like additional information concerning this proposed transaction, including your rights, contact Hamilton Lindley at 877-744-3728 or by email at hlindley@kendalllawgroup.com. Kendall Law Group has substantial experience representing investors in mergers and acquisitions nationwide. Lawyers at the firm include a former United States Attorney, federal judicial law clerk, a former state and federal judge, in addition to experienced securities lawyers.
1 Year Comsys IT Partners Chart |
1 Month Comsys IT Partners Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions