Bull & Lifshitz, LLP Announces Investigation of the Acquisition of XETA Technologies, Inc.
2011年2月25日 - 5:26AM
ビジネスワイヤ(英語)
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of XETA Technologies, Inc. (NASDAQ: XETA - News)
(referred to as "XETA" or the “Company”) by PAETEC Holding Corp.
(“PAETEC”).
Under the terms of the agreement, XETA shareholders will receive
$5.50 in cash for each share of XETA common stock they own. XETA
will become an indirect wholly-owned subsidiary of PAETEC Holding
Corp. The companies expect that the transaction will close within
three months.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders. If you are a holder of XETA stock and want to discuss
your legal rights, you may e-mail or call Bull & Lifshitz, LLP
who will, without obligation or cost to you, attempt to answer your
questions.
If you are a shareholder of XETA and would like more information
about our investigation, please contact Joshua M. Lifshitz, Esq. by
telephone at (212) 213-6222 or by sending an e-mail including your
contact information to: counsel@nyclasslaw.com. All e-mail
correspondence should make reference to XETA.
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2011 Bull & Lifshitz, LLP.
The law firm responsible for this advertisement is Bull &
Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
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