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Bull Lifshitz, LLP Announces Investigation
Legal Focuses | 2010/07/27 09:15
pBull amp; Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of ATC Technology Corporation by GENCO Distribution System, Inc. in a cash transaction valued at approximately $512.6 million. /ppUnder the terms of the transaction, approved by the board of directors of both companies, each outstanding share of ATC will be converted into the right to receive $25.00 per share in cash. Completion of the merger is subject to, among other things, approval by holders of a majority of ATC's outstanding common stock. /ppBull amp; Lifshitz, LLP's investigation is focused on whether the Board of Directors breached their fiduciary duties to ATC stockholders and whether the proposed deal provides adequate value to the Company's shareholders. /ppIf you are a holder of ATC stock and want to discuss your legal rights, you may e-mail or call Bull amp; Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions. /ppIf you are a shareholder of ATC 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: a href=mailto:counsel@nyclasslaw.comcounsel@nyclasslaw.com/a. All e-mail correspondence should make reference to ATC. /ppBull amp; 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 a href=http://www.nyclasslaw.comwww.nyclasslaw.com/a. /p


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