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SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Measurement Specialties, Inc. In Connection With The Proposed Sale Of The Company To TE Connectivity Ltd.STEVENSON, Md. --(Business Wire)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Measurement Specialties, Inc. ("Measurement Specialties" or the "Company") (NasdaqGS: MEAS) and other violations of state law by the board of directors of Measurement Specialties relating to the proposed buyout of the Company by TE Connectivity Ltd. ("TE Connectivity (News - Alert)"). Under the terms of the transaction, the Company's shareholders will receive $86 for each share of Measurement Specialties stock they own. The firm's investigation seeks to determine, among other thing, whether the Company's board of directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into this transaction, and whether TE Connectivity is underpaying for Measurement Specialties shares. If you currently own common stock of Measurement Specialties and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616. Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s. |
