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Share Name | Share Symbol | Market | Type |
---|---|---|---|
(MM) | NASDAQ:MONT | 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% | 22.58 | 0.00 | 01:00:00 |
Rigrodsky & Long, P.A.:
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Montage Technology Group Limited (“Montage” or the “Company”) (NASDAQ GS: MONT) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Shanghai Pudong Science and Technology Investment Co. (“Shanghai Pudong”), in a transaction valued at approximately $693 million.
Click here to learn more: http://www.rigrodskylong.com/investigations/montage-technology-group-limited-mont-buyout.
Under the terms of the agreement, public shareholders of Montage would receive $22.60 in cash for each share of Montage they own.
The investigation concerns whether Montage’s board of directors failed to adequately shop the Company and obtain the best possible value for Montage’s shareholders before entering into an agreement with Shanghai Pudong. According to Yahoo! Finance, at least one analyst has issued a price target for Montage stock at $28.50 per share.
If you own the common stock of Montage and purchased your shares before June 11, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/montage-technology-group-limited-mont-buyout.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888) 969-4242(302) 295-5310Fax: (302) 654-7530info@rl-legal.comhttp://www.rigrodskylong.com
1 Year MONTAGE TECHNOLOGY GROUP LTD Chart |
1 Month MONTAGE TECHNOLOGY GROUP LTD Chart |
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