Law Firm Brower Piven Announces Investigation of Anaren, Inc. Going Private Transaction
November 21 2013 - 5:12PM
Business Wire
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches
of fiduciary duty to current shareholders of Anaren, Inc. (“Anaren”
or the “Company”) (NasdaqGS: ANEN) and other violations of state
law by the board of directors of Anaren relating to the proposed
going private transaction of the Company by an affiliate of The
Veritas Capital Fund IV, L.P. The firm’s investigation seeks to
determine, among other things, whether the board of directors of
Anaren breached their fiduciary duties by failing to maximize
shareholder value.
According to the press release announcing the proposed going
private transaction, Anaren shareholders will receive $28.00 per
share in cash for each share of Anaren common stock they own.
If you currently own common stock of Anaren and would like to
learn more about the investigation being conducted by Brower Piven,
you may email or call Brower Piven, who will, without obligation or
cost to you, attempt to answer your questions. You may contact
Brower Piven by email at hoffman@browerpiven.com, by calling (410)
415-6616, or at Brower Piven, A Professional Corporation, 1925 Old
Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven
have combined experience litigating securities and other class
action cases of over 60 years.
Brower Piven, A Professional CorporationStevenson,
MarylandCharles J. Piven, 410-415-6616hoffman@browerpiven.com
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