Press Releases
Robbins Umeda LLP Announces An Investigation Of The Acquisition Of Stanley, Inc. By CGI Group Inc.
Robbins Umeda LLP has commenced an investigation into potential claims on behalf of shareholders of Stanley, Inc. ("Stanley" or the "Company") (NYSE: SXE) in connection with the actions of the Company's Board of Directors in causing Stanley to enter into a definitive merger agreement to be acquired by CGI Group Inc. ("CGI") (NYSE: GIB; TSX: GIB.A) through a cash tender offer. If the transaction is completed, Stanley shareholders will receive $37.50 in cash for each share of Stanley common stock they hold. The companies expect the transaction to be completed in the fall of 2010.
Robbins Umeda LLP's investigation concerns whether the consideration to be received by Stanley shareholders is fair and the process by which the Stanley Board of Directors considered and approved the transaction. Notably, several analysts have given Stanley's stock a target price above CGI's offer and at least one analyst set a price target for Stanley stock at $40 per share. If you are a shareholder of Stanley and would like more information about your rights as a shareholder, please contact attorney Lauren Levi at 800-350-6003 or by e-mail at llevi@robbinsumeda.com. Robbins Umeda LLP is a California-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 go to http://www.robbinsumeda.com. AdvertisementTheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn MoreOptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn MoreReal Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn MoreStocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |



Connect with TheStreet