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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Isilon Systems, Inc. (MM) | NASDAQ:ISLN | 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% | 33.85 | 0 | 00:00:00 |
Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of Isilon Systems, Inc. (NASDAQ: ISLN - News) (referred to as "Isilon" or the “Company”) by EMC Corporation ("EMC") in a cash transaction valued at approximately $2.25 billion, net of Isilon's existing cash balance.
Under the terms of the transaction, EMC will pay $33.85 per share in cash in exchange for each share of Isilon. The boards of directors of both EMC and Isilon have unanimously approved the terms of the agreement.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.
If you are a holder of Isilon stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of Isilon and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: counsel@nyclasslaw.com. All e-mail correspondence should make reference to Isilon.
Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
1 Year Isilon Systems, Inc. (MM) Chart |
1 Month Isilon Systems, Inc. (MM) Chart |
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