SAN DIEGO & SUNNYVALE, Calif.--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Alliance Fiber Optic Products Inc. (NASDAQ: AFOP) by Corning Inc. (NYSE: GLW). On April 7, 2016, the two companies announced they have entered into a definitive merger agreement pursuant to which Corning will acquire Alliance Fiber Optic. Under the terms of the agreement, Alliance Fiber Optic shareholders will receive $18.50 in cash for each share of Alliance Fiber Optic common stock. Robbins Arroyo LLP's investigation focuses on whether the board of directors at Alliance Fiber Optic is undertaking a fair process to obtain maximum value and adequately compensate its shareholders.
View this information on the law firm's Shareholder Rights Blog:
www.robbinsarroyo.com/shareholders-rights-blog/alliance-fiber-optic-products
Alliance Fiber Optic shareholders interested in information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, ddonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law. The law firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.
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