Finkelstein Thompson LLP Announces Investigation Of EasyLink Services Corp.
Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of EasyLink Services Corp. (“EasyLink” or the “Company”) (NASDAQ: ESIC), concerning the proposed acquisition of the Company by Open Text Corp. Under the terms of the transaction, EasyLink shareholders would receive $7.25 per share in cash, in a deal worth approximately $310 million.
The Company has performed well recently. Between December 15, 2011 and the announcement of the deal, ESIC shares rose 64.8%, from $3.86 to $6.36. At least one analyst has set a target price of $8.00 for the Company’s shares.
The investigation is focused on the potential unfairness of the consideration to EasyLink shareholders, the process by which the Company’s Board of Directors considered the transaction, and potential conflicts of interests among EasyLink’s Board members.
If you are interested in discussing your rights as an EasyLink shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at email@example.com.Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers. To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts