Finkelstein Thompson LLP Announces Investigation of ATS Corp.
22 Febrero 2012 - 12:27PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of ATS Corp. (“ATS” or “the Company”) (NYSE
AMEX: ATSC), concerning the proposed acquisition of the Company by
Salient Federal Solutions, Inc. Under the terms of the transaction,
ATS shareholders would receive $3.20 per share in a cash tender
offer with a total value of approximately $74 million.
The offer is less than ATS’s pre-announcement closing price of
$3.25, and thus provides no premium to the Company’s shareholders.
ATS shares traded at $4.75 as recently as June 2011.
The investigation focuses on the potential unfairness of the
consideration to ATS’s shareholders, the process by which the
Company’s Board of Directors considered the transaction, and
potential conflicts of interest among ATS’s Board members.
If you are interested in discussing your rights as an ATS
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, D.C. offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
website at www.finkelsteinthompson.com. Attorney advertising. Prior
results do not guarantee similar outcomes.
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