Lifshitz Law Firm Announces Investigation of Mayflower Bancorp, Inc., Multiband Corporation, rue21, inc., and SoundBite Communications
NEW YORK, May 23, 2013 /PRNewswire/ --
Mayflower Bancorp, Inc.
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Mayflower Bancorp, Inc. ("Mayflower" or the "Company") (MFLR) to Independent Bank Corp. ("Independent") in a cash and stock transaction valued at approximately $37.2 million based upon Independent's $32.03 per share closing price on May 13, 2013. Under the agreement 70% of outstanding Mayflower shares will be exchanged for Independent shares at a fixed exchange ratio of .565 of an Independent share for each Mayflower share. Independent will purchase the remaining 30% of outstanding Mayflower shares for $17.50 per share in cash.
Lifshitz Law Firm's investigation is focused on whether the proposed transaction provides adequate value to the Company's shareholders.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].
Multiband Corporation
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Multiband Corporation ("Multiband" or the "Company") (MBND) to Goodman Networks Incorporated in a cash transaction valued at approximately $116 million or $3.25 per share in cash.
Lifshitz Law Firm's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].
rue21, inc.
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of rue21, inc. ("rue21" or the "Company") (RUE) to funds advised by Apax Partners in a transaction valued at approximately $1.1 billion or $42.00 per share in cash.
Lifshitz Law Firm's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].
SoundBite Communications
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of SoundBite Communications ("SoundBite" or the "Company") (SDBT) to Genesys in a cash transaction valued at approximately $100.4 million or $5.00 per share in cash.
Lifshitz Law Firm's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].
Lifshitz Law Firm is a New York based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.jlclasslaw.com.
ATTORNEY ADVERTISING. © 2013 Lifshitz Law Firm. The law firm responsible for this advertisement is Lifshitz Law Firm, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone: 212-213-6222
Email: [email protected]
SOURCE Lifshitz Law Firm
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