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Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Ness Technologies, Inc. (NASDAQ: NSTC) (referred to as "Ness" or the “Company”) to an affiliate of Citi Venture Capital International in an all-cash transaction valued at approximately $307 million.
Under the terms of the agreement, Ness stockholders will receive $7.75 for each share of common stock they hold.