SHAREHOLDER ALERT: Brower Piven Announces the Investigation of Aeroflex Holding Corp. in Connection with the Proposed Sale of the Company to Cobham plc

Loading...
Loading...
STEVENSON, Md.--(BUSINESS WIRE)--

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Aeroflex Holding Corp. (“Aeroflex” or the “Company”) ARX and other violations of state law by the board of directors of Aeroflex relating to the proposed buyout of the Company by Cobham plc (“Cobham”).

Under the terms of the transaction, Aeroflex shareholders will receive $10.50 in cash for each share of Aeroflex stock they own. The firm's investigation seeks to determine, among other things, whether the Company's board of directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into this transaction, and whether Cobham is underpaying for Aeroflex shares.

If you currently own common stock of Aeroflex and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, click here: http://www.browerpiven.com/currentinvestigations.html.

You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616. Those who inquire by email are encouraged to include their mailing address and telephone number.

Attorneys at Brower Piven together have more than a century of experience litigating securities and other class action cases.

Brower Piven, A Professional Corporation
Charles J. Piven, 410-415-6616
1925 Old Valley Road
Stevenson, Maryland 21153
hoffman@browerpiven.com

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...