NEW YORK, Nov. 10, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of Elecsys Corporation (NASDAQ: ESYS) in connection with a buyout for only $17.50 per share. Concerned ESYS investors are encouraged to contact attorney Hamilton Lindley by clicking here.
The investigation focuses upon the shareholder value of the transaction. Under terms of the proposed agreement, Lindsay will purchase Elecsys for $17.50 per share in cash, for a total purchase price of approximately $70.5 million. According to Yahoo! Finance, at least one analyst has targeted the price at $19.00 per share. The firm's potential shareholder lawsuit will seek to obtain the highest price reasonably available and that all important information about the deal is disclosed.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. ESYS stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/ESYS.
Dunnam Dunnam Harmon West Lindley & Ryan LLP
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SOURCE Dunnam & Dunnam