NEW ORLEANS--(BUSINESS WIRE)--
O’Bell Law Firm, L.L.C. (“O’Bell”), a New Orleans based class action and securities litigation law firm, announces that it is commencing an investigation into the Board of Directors of Anaren, Inc. (“Anaren” or the “Company”) (ANEN) to determine whether it has breached its fiduciary duties and other possible violations of law in connection with the Company’s entry into an agreement to be acquired by an affiliate of The Veritas Capital Fund IV, L.P. (“Veritas Capital”) in a transaction valued at approximately $381 million. Under the terms of the agreement, shareholders of Anaren will receive $28.00 per share in cash for each share of Anaren they own.
The investigation is focused on the potential unfairness of the consideration to Anaren shareholders and whether Anaren’s Board of Directors acted in the shareholders’ best interest and properly shopped the company before entering into the acquisition agreement with Veritas Capital.
If you have information relevant to this investigation that you would like to share with us in furtherance of the shareholders’ interests in this matter, then please contact Eric J. O’Bell directly without obligation or cost to you at 1-800-938-1596; or by email to EJO@OBellLawFirm.com.
- Investment & Company Information
Eric J. O’Bell, 504-456-8677
Toll Free: 1-800-938-1596