NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is investigating the Board of Directors of Aeroflex Holding Corp. (“Aeroflex” or “the Company”) (NYSE:ARX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Cobham plc.
Click here to learn more about the investigation: http://zlk.9nl.com/aeroflex-arx, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Aeroflex shareholders will receive $10.50 in cash for each share of Aeroflex stock they own, representing a total approximate transaction value of $1.46 billion, including the assumption of debt. The investigation concerns whether the Aeroflex Board of directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Cobham plc is underpaying for Aeroflex shares.
If you own Aeroflex common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/aeroflex-arx.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.