NEW YORK, May 15, 2013 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of AsiaInfo-Linkage, Inc. ("AsiaInfo" or the "Company") (ASIA) concerning the proposed acquisition of the Company by a group of private investors led by CITIC Capital Partners (the "CITIC Group").
On May 13, 2013, AsiaInfo announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by the CITIC Group. Under the terms of the agreement, AsiaInfo stockholders will receive $12 in cash for each share of AsiaInfo owned.
Our investigation concerns whether the AsiaInfo 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 AsiaInfo 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.
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