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NZ Netezza Common Stock

27.01
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Netezza Common Stock NYSE:NZ NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.01 0.00 01:00:00

Ryan & Maniskas, LLP Announces Investigation of Netezza Corporation

20/09/2010 9:40pm

Business Wire


Netezza Common Stock (NYSE:NZ)
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Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/nz) is investigating potential claims against the board of directors of Netezza Corporation ("Netezza" or the "Company") (NYSE:NZ) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Netezza to IBM in a transaction with a value of approximately $1.7 billion.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Netezza. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/nz.

Under the terms of the agreement, Netezza shareholders will receive $27.00 in cash for each share of Netezza common stock they hold.

If you own shares of Netezza and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/nz. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan and Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

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