Law Offices Of Howard G. Smith Announces Investigation On Behalf Of Shareholders Of Optelecom-NKF, Inc. In Connection With The Proposed Acquisition Of The Company By TKH Group N.V.
Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Optelecom-NKF, Inc. (“Optelecom-NKF” or the “Company”) (NASDAQ:OPTC) related to the Company’s agreement to be acquired by a subsidiary of Netherlands-based TKH Group N.V. in a proposed all-cash transaction.
Under the terms of the definitive merger agreement entered into by the parties, Optelecom-NKF shareholders will receive $2.45 in cash for each share they own of the Company’s common stock. The Board of Directors of Optelecom-NKF has unanimously approved the merger agreement. The transaction is expected to be completed in the first quarter of 2011. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by Optelecom-NKF’s board of directors.
If you are a shareholder of Optelecom-NKF, if you have information or would like to learn more about these claims, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to
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