Ryan & Maniskas, LLP Announces Investigation of Integral Systems, Inc.
May 17 2011 - 10:56AM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/isys) is
investigating potential claims against the board of directors of
Integral Systems, Inc. ("Integral Systems" or the "Company")
(NASDAQ: ISYS) concerning possible breaches of fiduciary duty and
other violations of law related to the Company’s efforts to sell
Integral Systems to Kratos Defense & Security Solutions Inc.
(“Kratos”) in a transaction valued at approximately $225
million.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to the 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 Integral Systems. 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/isys.
Under the terms of the definitive agreement, Integral Systems
shareholders will receive $5.00 in cash and 0.5888 shares of Kratos
common stock for each share of Integral Systems common stock that
they own.
If you own shares of Integral Systems 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/isys. 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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