MILWAUKEE, Oct. 30, 2018 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating the Board of Electro Scientific
Industries, Inc. (Nasdaq:ESIO) for possible breaches of fiduciary
duty and other violations of the law in connection with the sale of
Electro Scientific to MKS.
Click here to learn how to join the action:
http://ademilaw.com/case/esio or call Guri
Ademi toll-free at 866-264-3995. There is no cost or
obligation to you.
Ademi & O'Reilly, LLP alleges Electro Scientific's long-term
financial outlook is improving and yet Electro Scientific
shareholders will receive only $30
for each share of Electro Scientific common stock. MKS is
purchasing Electro Scientific at a substantial discount. The
merger agreement unreasonably limits competing bids for Electro
Scientific by prohibiting solicitation of further bids, and
imposing a termination penalty if Electro Scientific accepts a
superior bid. Electro Scientific insiders will receive millions of
dollars as part of change of control arrangements. Our
investigation centers on the conduct of Electro Scientific's board
of directors, and whether they are (i) fulfilling their fiduciary
duties to all shareholders, and (ii) obtaining a fair and
reasonable price for Electro Scientific.
If you own common stock in Electro Scientific and wish to obtain
additional information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/esio.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP