Harwood Feffer LLP Announces Investigation of Globecomm Systems Inc.
NEW YORK, Aug. 27, 2013 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Globecomm Systems Inc. ("Globecomm" or the "Company") (NASDAQ: GCOM) concerning the proposed acquisition of the Company by an affiliate of Wasserstein & Co. ("Wasserstein").
On August 26, 2013, Globecomm announced that it had entered into a definitive agreement with Wasserstein to acquire the Company for $14.15 per share in cash in a transaction valued at $340 million.
Our investigation concerns whether the Globecomm board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, and obtaining full and fair consideration for Company shareholders.
If you own Globecomm 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:
Robert I. Harwood, Esq.
Daniella Quitt, 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