Finkelstein Thompson LLP Announces Investigation of ATC Technology Corporation
20 July 2010 - 7:54AM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of ATC Technology Corporation (“ATC” or the
“Company”) (NasdaqGS: ATAC) concerning the sale of the Company to
GENCO Distribution System, Inc. (“GENCO”) for $25.00 in cash for
each share of ATC common stock owned in a transaction valued at
$512.6 million.
The investigation is focused on the potential unfairness of the
consideration to ATC shareholders, the process by which the ATC
Board of Directors considered the transaction, and potential
conflicts of interests on the part of Board members. According to
Yahoo! Finance, at least one analyst has given ATC common stock a
target price of $30.00 per share.
If you are interested in discussing your rights as an ATC
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
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