The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of ...
28 Octobre 2010 - 6:23PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Syniverse Holdings, Inc. (“Syniverse” or the “Company”) (NYSE: SVR)
for possible breaches of fiduciary duty and other violations of
state law in connection with their attempt to sell the Company to
The Carlyle Group (“Carlyle”). Under the terms of the transaction,
Syniverse shareholders will receive $31.00 in cash for each
Syniverse common share for a total transaction value of
approximately $2.6 billion. The Syniverse board of directors
unanimously approved the transaction. The transaction has fully
committed financing, consisting of equity provided by Carlyle
Partners V, a $13.7 billion U.S. buyout fund, and debt provided by
Barclays Capital and Credit Suisse.
Click here to learn how to join the action:
http://www.zlk.com/syniverse-svr.html, or call: 877-363-5972.
The investigation concerns whether the Syniverse Board of
Directors breached their fiduciary duties to Syniverse stockholders
by failing to adequately shop the Company before entering into this
transaction and whether Carlyle is underpaying for Syniverse
shares, thus unlawfully harming Syniverse stockholders.
If you own common stock in Syniverse and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/syniverse-svr.html.
Levi & Korsinsky has expertise in prosecuting investor
securities litigation and extensive experience in actions involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below.
CONTACT:Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard
Korsinsky, Esq.30 Broad Street - 15th FloorNew York, NY 10004Tel:
(212) 363-7500Toll Free: (877) 363-5972Fax: (212)
363-7171www.zlk.com
Syniverse Hlgs (NYSE:SVR)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Syniverse Hlgs (NYSE:SVR)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Syniverse Holdings (New York Stock Exchange): 0 recent articles
Plus d'articles sur Levi & Korsinsky