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Published:
The Shuman Law Firm Encourages Holders of Eagle Test Systems, Inc. to Consider Their Legal Options
On September 2, 2008, Eagle announced that it has entered into a definitive merger agreement under which Teradyne, Inc. The proposed merger includes deal protection devices including a no solicitation clause that prevents Eagle Test from providing confidential company information to or negotiating with competing bidders and a termination fee provision that requires Eagle Test to pay Teradyne, Inc. a termination fee of $11.5 million if the merger agreement is terminated. Additionally, as of August 26, 2008, Eagle Test's directors and executive officers beneficially owned approximately 9.22 million shares, or 40.0%, of Eagle Test's common stock. If you currently own Eagle Test common stock and would like a free consultation concerning your rights and interests, please contact Kip Shuman, Esq. or Rusty Glenn, Esq. toll-free at 866-974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or Mr. Glenn at rusty@shumanlawfirm.com. The Shuman Law Firm has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud. The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions.
CONTACT: The Shuman Law Firm
Kip B. Shuman, Esq.
kip@shumanlawfirm.com
Rusty E. Glenn, Esq.
rusty@shumanlawfirm.com
866-974-8626
Fax: 303-484-4886
885 Arapahoe Avenue
Boulder, CO 80203
www.shumanlawfirm.com
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