BUYOUT OF OPNET - LAW FIRM SEEKS MORE MONEY FOR SHAREHOLDERS
October 29, 2012
New York, New York -- Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating the acquisitio of Opnet Technologies. Riverbed Technology (RVBD) and OPNET Technologies, Inc. (OPNT) today announced that Riverbed® has entered into a definitive agreement to acquire OPNET for $43 per share in cash and stock. OPNET stockholders will receive for each OPNET share they own: (i) $36.55 in cash; and (ii) 0.2774 of a share of Riverbed common stock.
The investigation concerns whether the board of directors of Opnet breached their fiduciary duties by not engaging in a full and fair auction of the company to get shareholders the maximum for their shares while obtaining personal benefits for themselves in entering into this deal.
If you are a shareholder of Opnet and would like additional information, please contact us toll free at 877-772-3975 or email at contact @ tripplevy