Ryan & Maniskas, LLP Announces Investigation of Art Technology Group Inc.
03 Novembre 2010 - 3:15PM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/artg) is
investigating potential claims against the board of directors of
Art Technology Group Inc. ("Art Technology Group" or the "Company")
(NASDAQ: ARTG) concerning possible breaches of fiduciary duty and
other violations of law related to the Company’s efforts to sell
Art Technology Group to Oracle Corp. in a transaction with a value
of approximately $1 billion.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to approval of the transaction
by Company’s board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of Art Technology Group. For more information
regarding our investigation, please contact Ryan & Maniskas,
LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or
by email at rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/artg.
Under the terms of the merger agreement, Art Technology Group
shareholders will receive $6.00 in cash for each share they own of
the Company’s common stock.
If you own shares of Art Technology Group and would like to
learn more about these claims or if you wish to discuss these
matters and have any questions concerning this announcement or your
rights, contact Richard A. Maniskas, Esquire toll-free at (877)
316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/artg. You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com. For more information about class action
cases in general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
Art Technology Grp., Inc. (MM) (NASDAQ:ARTG)
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