|[December 12, 2012]
TNS, Inc. Board of Directors Under Continued Investigation for Potential Breaches of Fiduciary Duty by Glancy Binkow & Goldberg LLP
LOS ANGELES --(Business Wire)--
Glancy Binkow & Goldberg LLP announces that it is investigating
potential claims against the Board of Directors of TNS (News - Alert) Inc. ("TNS" or
the "Company") (NYSE: TNS) related to the proposed acquisition of the
Company by Siris Capital Group. The transaction is valued at
approximately $862 million or $21 per share.
This investigation concerns whether the Board of Directors of TNS
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
and whether the Company has disclosed all material information to
shareholers about the transaction. The Company has seen substantial
recent growth. Further, at least one analyst has set a target price for
the Company's stock at $27.50 per share.
If you are a shareholder of TNS, if you have information or would like
more about our investigation, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Louis
Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East,
Suite 2100, Los Angeles, CA (News - Alert) 90067, by telephone at (310) 201-9150 or
Toll Free at (888) 773-9224 or by email to firstname.lastname@example.org.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
[ Back To TMCnet.com's Homepage ]