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

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. 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 41^st 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.