Kirby McInerney LLP is investigating potential claims against the Board of Directors of Tellabs Inc. (“Tellabs” or the “Company”) (NASDAQ:TLAB) concerning the proposed acquisition of the Company by Marlin Equity Partners (“Marlin”). Under the terms of the proposed transaction, Tellabs stockholders will receive $2.45 in cash for each share of Tellabs owned, valuing the transaction at approximately $891 million.
The investigation concerns whether the Tellabs Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $2.45 per share consideration adequately values Tellabs’ common stock.
If you are a Tellabs stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at email@example.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, stockholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.