DTS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
20 Septembre 2016 - 5:29PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of DTS, Inc.
(NASDAQ GS: DTSI)?
- Did you purchase any of your shares
prior to September 20, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of DTS, Inc.
(“DTS” or the “Company”) (NASDAQ GS: DTSI) regarding possible
breaches of fiduciary duties and other violations of law related to
the Company’s entry into an agreement to be acquired by Tessera
Technologies, Inc. (“Tessera”) (NASDAQ GS: TSRA), in a transaction
valued at approximately $850 million.
Click here to learn more:
http://rigrodskylong.com/investigations/dts-inc-dtsi.
Under the terms of the agreement, shareholders of DTS will
receive $42.50 in cash for each share of DTS common stock.
The investigation concerns whether DTS’s board of directors
failed to adequately shop the Company and obtain the best possible
value for DTS shareholders before entering into an agreement with
Tessera.
If you own the common stock of DTS and purchased your shares
before September 20, 2016, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/dts-inc-dtsi.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160920006429/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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