|[April 11, 2014]
ZYGO ALERT: Proposed Buyout of Zygo Corporation Being Investigated by Johnson & Weaver, LLP
SAN DIEGO --(Business Wire)--
Shareholder rights law firm Johnson & Weaver, LLP is investigating
whether members of the board of directors of Zygo Corporation
(NASDAQ:ZIGO) breached their fiduciary duties in connection with the
proposed $280 million buyout of the company by AMETEK, Inc.
If you are a Zygo shareholder and would like additional information,
please contact Johnson & Weaver's lead analyst Jim Baker at firstname.lastname@example.org
On April 11, 2014, Zygo and AMETEK entered into a merger agreement.
Under the terms of the transaction, Zygo shareholders will receive
$19.25 per share in cash, or a tota of approximately $280 million.
Johnson & Weaver, a nationally recognized shareholder rights firm, is
investigating whether Zygo's board of directors agreed to sell the
company for an inadequate price. The firm is also investigating whether
the company's directors adequately considered alternatives to the
proposed merger, including continuing on as an independent company or
pursuing a deal with another company. "Zygo operates in a rapidly
expanding industry, so the company's prospects are substantial,"
explained Johnson & Weaver attorney Scott Holleman. "As a result, we're
concerned that the $19.25 per share doesn't reflect the true value of
Zygo and its shareholders."
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law
firm with offices in California and New York. The firm represents
individual and institutional investors in shareholder derivative and
securities class action lawsuits. For more information about the firm
and its attorneys, please visit http://www.johnsonandweaver.com.
Attorney advertising. Past results do not guarantee future outcomes.
[ Back To Technology News's Homepage ]