BTU INTERNATIONAL (BTUI) ALERT - Andrews & Springer LLC Opens Investigation On BTU International Inc. For Potential Breaches of Fiduciary Duty

WILMINGTON, Del.--(BUSINESS WIRE)--

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of BTU International Inc. BTUI (“BTU” or the “Company”) relating to the sale of the Company to Amtech Systems Inc. (“Amtech”). On October 22, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which Amtech will acquire BTU in a merger where BTU shareholders are only anticipated to receive 0.3291 shares of Amtech (worth approximately $3.33 per share) in exchange for each share of BTU.

Andrews & Springer's investigation has so far uncovered that the consideration BTU shareholders are expected to receive is significantly inadequate. Based on Amtech's closing price as of yesterday, October 21, 2014, BTU shareholders are only expected to receive 0.3291 shares of Amtech, representing only a meager 4% premium. When considering the Company just recently traded at $3.45 per share on October 3, 2014, BTU shareholders will be receiving no premium for their shares. Additionally, following the merger, BTU shareholders are expected to be substantially diluted, owning only 23.9% of the combined company.

Given this information, Andrews & Springer is investigating whether BTU directors and executives are breaching their fiduciary duties by failing to adequately shop the company and maximize shareholder value.

If you own shares of BTU and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/BTUI or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.