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 email@example.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.Advertisement
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV