The Shuman Law Firm Investigates Anaren, Inc.
November 25 2013 - 11:52AM
Business Wire
The Shuman Law Firm announces that it is investigating potential
claims on behalf of Anaren, Inc. (“Anaren” or the “Company”)
(NASDAQ: ANEN) shareholders. Anaren is an East Syracuse, NY-based
company that designs, develops, and manufactures components,
assemblies, and subsystems primarily for the wireless
communications, satellite communications, and space and defense
electronics markets worldwide.
The Firm’s investigation relates to the proposed acquisition of
the Company by an affiliate of The Veritas Capital Fund IV, L.P.
(“Veritas Capital”). Under the terms of the proposed transaction,
Anaren shareholders will receive $28.00 in cash for each share of
Anaren owned, valuing the transaction at approximately $381
million. The investigation concerns whether the Anaren Board of
Directors violated its fiduciary duties by agreeing to the proposed
transaction and whether the $28.00 per share proposed consideration
adequately values Anaren’s common stock.
If you are an Anaren shareholder and are interested in
discussing your rights as a shareholder, or have information
relating to this investigation, please contact Rusty E. Glenn toll
free at (866) 974-8626 or email Mr. Glenn at
rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation,
concentrating its practice in stockholder litigation.
The Shuman Law FirmRusty E. Glenn, Esq.,
866-974-8626rusty@shumanlawfirm.comwww.shumanlawfirm.com
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