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Harwood Feffer LLP (
www.hfesq.com) is investigating potential claims against the board of directors of Thomas & Betts Corp. (“Thomas & Betts” or the “Company”) (NYSE: TNB) concerning the proposed acquisition of the Company by ABB Ltd. (“ABB”) in a transaction valued at approximately $3.9 billion.
On January 30, 2012, ABB and Thomas & Betts announced that they have entered into a definitive merger agreement pursuant to which ABB will acquire Thomas & Betts for $72.00 per share in cash.