Finkelstein Thompson LLP Announces Investigation of Brink’s Home Security Holdings, Inc.
20 Janvier 2010 - 7:34PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Brink’s Home Security Holdings (“Brink’s”
or the “Company”) (NYSE: CFL) arising from the Company’s
announcement of its intent to be acquired by Tyco International
Ltd. (“Tyco”).
Under the terms of the agreement, Brink’s shareholders may elect
to receive for each Brink’s share: (1) $42.50 in cash; (b) a
combination of $12.75 in cash and a fraction of a Tyco share equal
to $29.75 divided by the volume-weighted average price of Tyco’s
stock during the 10-day trading period ending on the fourth full
trading day prior to the closing date of the merger; or (c) Tyco
shares equal to $42.50 divided by the volume-weighted average price
described in (b) above. Thus, the cash and stock transaction is
valued at $42.50 per share or approximately $2.0 billion.
The investigation is focused on the potential unfairness of the
price to Brink’s shareholders and the process by which the Brink’s
Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a Brink’s
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
Prior results do not guarantee similar outcomes.
Corestates Finl Corp (NYSE:CFL)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
Corestates Finl Corp (NYSE:CFL)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025
Real-Time news about Corestates Finl Corp (New York Stock Exchange): 0 recent articles
Plus d'articles sur Finkelstein Thompson LLP