Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Blue Coast Systems, Inc. (Nasdaq: BCSI) (referred to as "Blue Coat" or the “Company”) to an investor group led by private equity investment firm Thoma Bravo, LLC in a transaction valued at approximately $1.3 billion.
Under the terms of the merger agreement,
Blue Coat shareholders will receive $25.81 in cash for each share of Blue Coat common stock they hold.
The transaction is subject to customary closing conditions, including requisite regulatory approvals and approval of Blue Coat shareholders.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.
If you are a holder of Blue Coat common stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of Blue Coat and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to:
. All e-mail correspondence should make reference to Blue Coat.
Bull & Lifshitz, LLP is a New York City-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 visit our website at
. © 2011 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41
Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter