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MMI Marcus and Millichap Inc

30.75
0.08 (0.26%)
15 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Marcus and Millichap Inc NYSE:MMI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.08 0.26% 30.75 30.78 30.00 30.12 176,045 01:00:00

Law Offices of Howard G. Smith Announces Investigation of Motorola Mobility Holdings I

16/08/2011 12:16am

Business Wire


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Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Motorola Mobility Holdings I (“Motorola” or the “Company”) (NYSE:MMI) related to the proposed acquisition of the Company by Google Inc. The transaction is valued at approximately $12.5 billion or $40 per share.

The investigation concerns whether the Board of Directors of Motorola breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. At least one analyst has set a target price for the Company’s stock at $42.00.

If you are a shareholder of Motorola, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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