Law Offices of Goldfarb Branham LLP Investigating Buyout of Verigy, Ltd.
April 04 2011 - 10:01AM
Business Wire
Goldfarb Branham LLP is investigating the proposed acquisition
of Verigy, Ltd. (NASDAQ: VRGY) by the Advantest Corporation to
determine whether Verigy’s board of directors breached shareholder
protection laws by failing to shop the company for the best price
available to shareholders. Concerned Verigy stockholders are
encouraged to contact attorney Hamilton Lindley toll-free at
877-583-2855 or at hlindley@goldfarbbranham.com.
“Under the terms of the agreement, announced March 28, 2011,
Verigy stockholders will receive $15.00 in cash per each VRGY
common stock held,” said securities lawyer Hamilton Lindley.
“Analysts have set the target price as high as $16.00 per share,
and there is reason to believe that this transaction undervalues
the company. We want to ensure that the board’s negotiating process
was both fair and prudent.”
Goldfarb Branham LLP lawyers have significant experience
representing shareholders and whistleblowers in securities lawsuits
nationwide. Verigy investors – or anyone with knowledge about this
issue – should contact lawyer Hamilton Lindley at
hlindley@goldfarbbranham.com or 877-583-2855.
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