Actividentity Corp (MM) (NASDAQ:ACTI)
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5 Years : From Dec 2008 to Dec 2013
Bull & Lifshitz, LLP announces an investigation into possible breaches
of fiduciary duty in connection with the proposed acquisition of
ActivIdentity Corporation (NASDAQ: ACTI)
(referred to as "ActivIdentity" or the “Company”) by ASSA ABLOY AB
("ASSA"), the parent company of HID
Global, in a cash transaction valued at approximately $162 million.
Under the terms of the definitive agreement, shareholders of
ActivIdentity will receive $3.25 per share in cash. The transaction is
expected to close in December 2010, subject to ActivIdentity shareholder
approval, applicable regulatory clearances and other customary closing
Bull & Lifshitz, LLP's investigation is focused on whether the proposed
deal provides adequate value to the Company’s shareholders.
If you are a holder of ActivIdentity stock and want to discuss your
legal rights, you may e-mail or call Bull & Lifshitz, LLP who will,
without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of ActivIdentity and would like more
information about our investigation, please contact Joshua M. Lifshitz,
Esq. by telephone at (866) 313-6222 or by sending an e-mail including
your contact information to: firstname.lastname@example.org. All e-mail
correspondence should make reference to ActivIdentity.
Bull & Lifshitz, LLP is a New York City-based law firm with significant
experience representing investors in merger-related shareholder class
actions, shareholder derivative actions, and securities fraud class
actions. For more information about the firm, please visit our website
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law
firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East
41st Street, New York, New York 10017, (212) 213-6222. Prior
results do not guarantee or predict a similar outcome with respect to
any future matter.