Harwood Feffer LLP ( www.hfesq.com) is investigating potential claims against the board of directors of SRA International, Inc. ("SRA" or the "Company") (NYSE: SRX) concerning the Company’s entry into an agreement to be acquired by an affiliate of Providence Equity Partners in a deal valued at approximately $1.88 billion.
Under the terms of the proposed transaction, shareholders of SRA will receive $31.25 in cash for each share of SRA common stock. Our investigation concerns whether the board of directors is undertaking a fair process to obtain fair consideration for all shareholders of SRA. The Company’s founder and chairman, who owns approximately 11.8 million shares of SRA Class A and Class B common stock and holds 71% of the voting rights, has already agreed to vote his shares in favor of the merger.
If you own shares of SRA and would like to learn more about these claims or if you wish to discuss this matter and have any questions or information concerning this announcement, please contact Robert I. Harwood, Esq. at firstname.lastname@example.org or Daniella Quitt, Esq. at email@example.com. You may also call them at (877) 935-7400. For more information about class actions, or to sign up online, please visit our website: www.hfesq.com .
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