Published: February 08, 2011
Finkelstein Thompson LLP Announces Investigation of Herley Industries, Inc.
WASHINGTON - (BUSINESS WIRE) - Finkelstein Thompson LLP is investigating potential claims on behalf of
shareholders of Herley Industries, Inc. ("Herley" or the "Company" )
(Nasdaq: HRLY) concerning the proposed acquisition of the Company by
Kratos Defense & Security Solutions, Inc. through an all-cash tender
offer and second-step merger.
Under the terms of the tender offer, Herley shareholders will receive
$19.00 in cash for each share of the Company's common stock held in a
transaction valued at approximately $270 million. The investigation is
focused on the potential unfairness of the consideration to Herley
shareholders, the process by which the Board of Directors considered the
transaction, and potential conflicts of interests among Herley's Board
members.
If you are interested in discussing your rights as a Herley shareholder,
or have information relating to this investigation, please contact
Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by
email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients in
financial litigation, and has been appointed as lead or co-lead counsel
in dozens of shareholder class actions. Indeed, the firm has served in
leadership roles in cases that have recovered over $1 billion for
investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site
at www.finkelsteinthompson.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Finkelstein Thompson LLP
Richard M. Volin, 202-337-8000
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