WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of BTU International, Inc. (NASDAQ GM: BTUI)?
- Did you purchase any of your shares prior to October 22, 2014?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of BTU International, Inc. (“BTU” or the “Company”) (NASDAQ GM: BTUI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Amtech Systems, Inc. (“Amtech”) (NASDAQ GS: ASYS).
Click here to learn more: http://www.rigrodskylong.com/investigations/btu-international-inc-btui.
Under the terms of the agreement, each outstanding share of BTU common stock will be exchanged for 0.3291 shares of Amtech. Based on Amtech’s closing stock price on October 21, 2014, BTU shareholders would have received consideration valued at approximately $3.33 per share.
The investigation concerns whether BTU’s board of directors failed to adequately shop the Company and obtain the best possible value for BTU’s shareholders before entering into an agreement with Amtech.
If you own the common stock of BTU and purchased your shares before October 21, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org, or at: http://www.rigrodskylong.com/investigations/btu-international-inc-btui.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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