Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Tellabs Inc. Stockholders
October 21 2013 - 6:23PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Tellabs Inc. (“Tellabs” or the “Company”)
(NASDAQ:TLAB) concerning the proposed acquisition of the Company by
Marlin Equity Partners (“Marlin”). Under the terms of the proposed
transaction, Tellabs stockholders will receive $2.45 in cash for
each share of Tellabs owned, valuing the transaction at
approximately $891 million.
The investigation concerns whether the Tellabs Board of
Directors violated its fiduciary duties by agreeing to this
transaction and whether the proposed $2.45 per share consideration
adequately values Tellabs’ common stock.
If you are a Tellabs stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, stockholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq., 212-699-1145 or
888-529-4787bwalker@kmllp.com
Tellabs, Inc. (MM) (NASDAQ:TLAB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Tellabs, Inc. (MM) (NASDAQ:TLAB)
Historical Stock Chart
From Jul 2023 to Jul 2024