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Investor Alert from Cauley Bowman Carney & Williams, PLLC: Update on Proposed Acquisition of DRS Technologies Inc. - DRS
Investor Alert from Cauley Bowman Carney & Williams, PLLC: Update on Proposed Acquisition of DRS Technologies Inc. - DRS
LITTLE ROCK, Ark., May 13 /PRNewswire/ -- Cauley Bowman Carney & Williams,
PLLC announces an investigation into the proposed acquisition of DRS
Technologies Inc. ("DRS"). On May 13, 2008, DRS announced that it has entered
into a definitive merger agreement with Italian aerospace and defense company
Finmeccanica SpA. Under the terms of the proposal, DRS shareholders would
receive $81.00 per share in cash for each share owned and DRS would no longer
operate as a publicly traded company. The proposed merger cannot be completed
without the approval of DRS shareholders.
Cauley Bowman Carney & Williams, PLLC
Cauley Bowman is a national law firm that represents investors in
securities fraud and corporate governance class actions. It is one of the
country's premier firms in the area of securities fraud having recovered
billions of dollars for defrauded investors and secured significant corporate
governance reforms. Cauley Bowman maintains in-house finance, forensic
accounting specialists and extensive trial experience.
If you are a current shareholder of DRS Technologies Inc. and would like
to be advised of your rights in this matter, you may contact Cauley Bowman
Carney & Williams, PLLC at the phone number below.
SOURCE Cauley Bowman Carney & Williams, PLLC
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: Aerospace and defense, Computers and Electronics, Legal, Law and Lawyers, Arkansas
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