Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Planar Systems, Inc. Stockholders
13 Agosto 2015 - 4:30PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Planar Systems, Inc. (“Planar Systems” or
the “Company”) (NASDAQ:PLNR) concerning the proposed acquisition of
the Company by Leyard Optoelectronic Co., Ltd. Pursuant to the
terms of the definitive merger agreement, Planar Systems
stockholders will receive $6.58 in cash for each share of Planar
Systems common stock they own, in a transaction valued at
approximately $156.8 million.
The investigation concerns whether the Planar Systems Board of
Directors violated its fiduciary duties by agreeing to the proposed
transaction and whether the proposed consideration adequately
values the Company’s common stock.
If you are a Planar Systems stockholder and wish to obtain
additional information, please contact J. Brandon Walker, Esq.
by email at bwalker@kmllp.com, or telephone at (212) 699-1145 or
toll free at (888) 529-4787, or by filling out this contact form.
There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, whistleblower, antitrust and consumer litigation.
For additional information, please go to www.kmllp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150813006400/en/
Kirby McInerney LLPJ. Brandon Walker, Esq., (212)
699-1145Toll free at (888) 529-4787bwalker@kmllp.com
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