Viasystems Group, Inc. Stockholders Encouraged to Contact Securities Law Firm about Takeover
NEW YORK, Sept. 25, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of Viasystems Group, Inc. (OTC: VIAS) in connection with the proposed acquisition of Viasystems by TTM Technologies, Inc. Concerned VIAS investors are encouraged to contact attorney Hamilton Lindley by clicking here.
Under the terms of the transaction, Viasystems shareholders will receive $11.33 in cash and 0.706 shares of TTM common stock for each share of Viasystems stock they own. Based on the closing market price on September 19, 2014, Viasystems' stock is valued at $16.46 per share, or approximately $368 million. However, the price to revenue and EBITDA multiples are below the average of comparable transactions. The law firm's investigation concerns possible breaches of fiduciary duty by failing to adequately shop Viasystems and maximize shareholder value.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. VIAS stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/VIAS.
SOURCE Dunnam & Dunnam
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