Law Office of Brodsky & Smith, LLC Announces Investigation of DDi Corporation
10 April 2012 - 1:58AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
DDi Corporation (“DDi” or the “Company”) (NASDAQ: DDIC) relating to
the proposed acquisition by Viasystems Group, Inc.
(“Viasystems”).
Under the terms of the transaction, DDi shareholders would
receive only $13.00 for each share of DDi stock they own. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of DDi for
not acting in the Company’s shareholders' best interests in
connection with the sale process to Viasystems. The transaction may
undervalue DDi as the transaction represents a very slight premium
over the $12.66 that DDi stock traded at on March 14, 2012 and the
$12.48 DDi stock traded at on March 26, 2012.
If you own shares of DDi stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/404-ddic-ddi-corporation.html, or by
calling toll free 877-LEGAL-90.
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