Levi & Korsinsky is investigating the Board of Directors of Micronetics, Inc. (“Micronetics” or the “Company”) (Nasdaq: NOIZ) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Mercury Computer Systems, Inc. (Nasdaq: MRCY).
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Under the terms of the transaction, Micronetics shareholders will receive $14.80 for each share of Micronetics stock they own. The transaction has an approximate total value of $75.4 million. The investigation concerns whether the Micronetics Board of Directors breached their fiduciary duties to Micronetics stockholders by failing to adequately shop the Company before entering into this transaction and whether Mercury Computer Systems, Inc. is underpaying for Micronetics shares, thus unlawfully harming Micronetics stockholders.
If you own common stock in Micronetics and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
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