Bull & Lifshitz, LLP Announces Investigation of the Acquisition of RCN Corporation by ABRY Partners
11 Marzo 2010 - 12:04PM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
sale of RCN Corporation (NASDAQ: RCNI - News) (referred to as
"RCN") to ABRY Partners.
Under the terms of the agreement, RCN shareholders will receive
$15 in cash for each RCN share they hold.
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 RCN 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 RCN 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: counsel@nyclasslaw.com. All e-mail
correspondence should make reference to RCN.
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 at www.nyclasslaw.com.
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.
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