ZYGO ALERT: Proposed Buyout of Zygo Corporation Being Investigated by Johnson & Weaver, LLP
11 Abril 2014 - 8:47PM
Business Wire
Shareholder rights law firm Johnson & Weaver, LLP is
investigating whether members of the board of directors of Zygo
Corporation (NASDAQ:ZIGO) breached their fiduciary duties in
connection with the proposed $280 million buyout of the company by
AMETEK, Inc.
If you are a Zygo shareholder and would like additional
information, please contact Johnson & Weaver’s lead analyst Jim
Baker at jimb@johnsonandweaver.com or
619-814-4471.
Additional Information:
On April 11, 2014, Zygo and AMETEK entered into a merger
agreement. Under the terms of the transaction, Zygo shareholders
will receive $19.25 per share in cash, or a total of approximately
$280 million.
Johnson & Weaver, a nationally recognized shareholder rights
firm, is investigating whether Zygo’s board of directors agreed to
sell the company for an inadequate price. The firm is also
investigating whether the company’s directors adequately considered
alternatives to the proposed merger, including continuing on as an
independent company or pursuing a deal with another company. “Zygo
operates in a rapidly expanding industry, so the company’s
prospects are substantial,” explained Johnson & Weaver attorney
Scott Holleman. “As a result, we’re concerned that the $19.25 per
share doesn’t reflect the true value of Zygo and its
shareholders.”
About Johnson & Weaver,
LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California and New York. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
Johnson & Weaver, LLPJim Baker,
619-814-4471jimb@johnsonandweaver.com
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