Ryan & Maniskas, LLP Announces Investigation of CPI International, Inc.
November 29 2010 - 11:00AM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/cpii) is
investigating potential claims against the board of directors of
CPI International, Inc. ("CPI International" or the "Company")
(NASDAQ: CPII) concerning possible breaches of fiduciary duty and
other violations of law related to the Company’s efforts to sell
CPI International to Veritas Capital Fund IV in a transaction
valued at approximately $525 million.
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 CPI International. 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/cpii.
Under the terms of the proposed transaction, CPI International
shareholders are to receive $19.50 in cash for each share they
own.
If you own shares of CPI International 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/cpii. 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 & 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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