Bull & Lifshitz, LLP Announces Investigation Of The Acquisition Of Bell Microproducts Inc. By Avnet, Inc.
Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Bell Microproducts Inc. (NASDAQ: BELM) (referred to as "Bell" or the “Company”) to Avnet, Inc. (referred to as “Avnet”).
As a result of the merger, each outstanding share of common stock of Bell, and other than those shares with respect to which dissenters' rights are properly exercised and not withdrawn, will be canceled and will be automatically converted into the right to receive $7.00 in cash, without interest and subject to any applicable withholding taxes. Upon completion of the merger, Bell will become a wholly owned subsidiary of Avnet.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.
If you are a holder of Bell stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.If you are a shareholder of Bell and would like more information about our investigation, please contact Peter D. Bull, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: firstname.lastname@example.org. All e-mail correspondence should make reference to Bell. Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com. ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41 st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter .
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