SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson & Weaver, LLP is investigating whether members of the board of directors of Zygo Corporation (NASDAQ:ZIGO) breached their fiduciary duties in connection with the proposed $280 million buyout of the company by AMETEK, Inc.
If you are a Zygo shareholder and would like additional information, please contact Johnson & Weaver’s lead analyst Jim Baker at firstname.lastname@example.org or 619-814-4471.
On April 11, 2014, Zygo and AMETEK entered into a merger agreement. Under the terms of the transaction, Zygo shareholders will receive $19.25 per share in cash, or a total of approximately $280 million.
Johnson & Weaver, a nationally recognized shareholder rights firm, is investigating whether Zygo’s board of directors agreed to sell the company for an inadequate price. The firm is also investigating whether the company’s directors adequately considered alternatives to the proposed merger, including continuing on as an independent company or pursuing a deal with another company. “Zygo operates in a rapidly expanding industry, so the company’s prospects are substantial,” explained Johnson & Weaver attorney Scott Holleman. “As a result, we’re concerned that the $19.25 per share doesn’t reflect the true value of Zygo and its shareholders.”
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California and New York. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.