MICROS SYSTEMS (MCRS) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of MICROS Systems, Inc.

WILMINGTON, Del., June 23, 2014 /PRNewswire/ -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of MICROS Systems, Inc. ("MICROS" or the "Company") (NASDAQ: MCRS) relating to the sale of the Company to Oracle Corp. (NYSE: ORCL) ("Oracle"). On June 23, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which Oracle will acquire MICROS in a merger via a tender offer in a merger valued at roughly $5.3 billion. As a result of the merger, MICROS shareholders are only anticipated to receive $68.00 per share in cash in exchange for each share of MICROS they own.  

The consideration that MICROS shareholders are expected to receive does not appear to offer a premium based on price targets set by a Yahoo! Finance analyst who recently set a price target of $68.00 per share, the same consideration MICROS shareholders are expected to receive.  

In light of this information, Andrews & Springer is investigating whether MICROS directors are breaching their fiduciary duties by failing to adequately shop the company and maximize shareholder value.

If you own shares of MICROS and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/mcrs or contact Craig J. Springer, Esq. at [email protected], or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates. 

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

SOURCE Andrews & Springer LLC