Law Offices of Howard G. Smith Announces Investigation of MediaMind Technologies Inc.
2011年6月18日 - 8:45AM
ビジネスワイヤ(英語)
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
MediaMind Technologies Inc. (“MediaMind” or the “Company”)
(NASDAQ:MDMD) related to the Company’s agreement to be acquired by
DG FastChannel, Inc. (“DG”) in a proposed all-cash transaction.
Under the terms of the definitive agreement entered into by the
parties, DG will commence a tender offer to purchase all of
MediaMind’s outstanding shares for $22.00 per share in cash.
MediaMind shareholders holding approximately 8.2 million common
shares outstanding and 1.8 million options, as well as certain
officers and pre-IPO investors, have agreed to tender their shares
in the offer. The proposed transaction is expected to be completed
in third quarter 2011. The investigation concerns possible breaches
of fiduciary duty and other violations of law related to approval
of the proposed transaction by MediaMind’s board of directors.
If you are a shareholder of MediaMind, 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 Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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