NEW YORK, Jan. 30, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading securities and shareholder rights law firm that represents shareholders throughout the nation, announces that it is investigating the acquisition of Accelrys Inc. (ACCL) on behalf of its shareholders. It was announced that Dassault Systemes has agreed to acquire all the shares of Accelrys for only $12.50 per share for an equity value of only $750 million.
The investigation concerns whether the board of directors of Accelrys engaged in a full and fair auction and process to sell the company so that shareholders received the maximum value for their shares. Indeed, analysts have projected that the stock is worth at least $13 per share. Further, the company has no debt and over $103 million in cash on its books or the equivalent of $1.86 per share.
If you are a shareholder of Accelrys and would like additional information regarding this matter, at no cost or expense, please contact us at:
Tripp Levy PLLC is a leading securities and shareholder rights law firm that has extensive experience in mergers and takeovers, and has assisted in the recovery of hundreds of millions of dollars for shareholders around the globe. Attorney advertising. Prior results do not indicate a similar outcome.
SOURCE Tripp Levy PLLC