Harwood Feffer LLP Announces Investigation of Anaren, Inc.
NEW YORK, April 22, 2013 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Anaren, Inc. ("Anaren" or the "Company") (NASDAQ: ANEN) concerning the potential sale of the Company to Vintage Capital Management, LLC ("Vintage") in a transaction that would be valued at over $250 million.
On April 22, 2013, the Company disclosed that it had received an unsolicited acquisition proposal from Vintage to acquire the Company for $23.00 per share.
Our investigation concerns whether the Anaren board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.
If you own Anaren shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
Attorney Advertising © 2013 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP