|[June 26, 2014]
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Measurement Specialties, Inc. In Connection With The Proposed Sale Of The Company To TE Connectivity Ltd.
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 Measurement Specialties, Inc.
("Measurement Specialties" or the "Company") (NasdaqGS: MEAS) and other
violations of state law by the board of directors of Measurement
Specialties relating to the proposed buyout of the Company by TE
Connectivity Ltd. ("TE Connectivity (News - Alert)").
Under the terms of the transaction, the Company's shareholders will
receive $86 for each share of Measurement Specialties stock they own.
The firm's investigation seeks to determine, among other thing, 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 TE Connectivity is underpaying for Measurement
If you currently own common stock of Measurement Specialties and would
like to learn more about the investigation being conducted by Brower
Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either
by email at firstname.lastname@example.org
or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.
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