ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

MCRS (MM)

67.99
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:MCRS NASDAQ Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 67.99 0.00 01:00:00

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of MICROS Systems, Inc.

26/06/2014 2:45am

Business Wire


(MM) (NASDAQ:MCRS)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more (MM) Charts.

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of MICROS Systems, Inc. (“MICROS” or the “Company”) (Nasdaq: MCRS) relating to the proposed acquisition by Oracle Corporation. (“Oracle”).

Click here to learn more about the investigation http://brodsky-smith.com/778-mcrs-micros-systems-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, MICROS shareholders will receive only $68.00 in cash for each share of MICROS stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of MICROS for not acting in the Company’s shareholders' best interests in connection with the sale process.

The transaction may undervalue MICROS, given that the price being paid is only 17 times MICROS earnings before interest, taxes, depreciation and amortization. This compares with the median multiple of 22 times for Internet and software acquisitions. In addition, Oracle’s offer for MICROS Values the Company at only 3.5 times trailing 12-month revenue and 17 times 12-month Ebitda. This is cheaper than the median multiples buyers have paid for internet and software acquisitions larger than $1 billion.

If you own shares of MICROS common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, by visiting http://brodsky-smith.com/778-mcrs-micros-systems-inc.html, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith, Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/778-mcrs-micros-systems-inc.html

1 Year (MM) Chart

1 Year (MM) Chart

1 Month (MM) Chart

1 Month (MM) Chart

Your Recent History

Delayed Upgrade Clock