Bull & Lifshitz, LLP Announces Investigation of Blue Coat Systems, Inc.

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NEW YORK--(BUSINESS WIRE)--

Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Blue Coast Systems, Inc. (Nasdaq: BCSI) (referred to as "Blue Coat" or the “Company”) to an investor group led by private equity investment firm Thoma Bravo, LLC in a transaction valued at approximately $1.3 billion.

Under the terms of the merger agreement, Blue Coat shareholders will receive $25.81 in cash for each share of Blue Coat common stock they hold. The transaction is subject to customary closing conditions, including requisite regulatory approvals and approval of Blue Coat shareholders.

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 Blue Coat common 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 Blue Coat 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 Blue Coat.

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. © 2011 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.

Bull & Lifshitz, LLP
Joshua M. Lifshitz, Esq., 212-213-6222
Fax: 212-213-9405
counsel@nyclasslaw.com



 
 
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