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The Shuman Law Firm Investigates Argon ST, Inc.

^{Published on 2010-07-14 13:15:29 - Market Wire}
 

BOULDER, Colo.--([ BUSINESS WIRE ])--The Shuman Law Firm today announced that it is investigating potential claims against the board of directors of Argon ST, Inc. (aArgon STa or the aCompanya) (NASDAQ: STST) related to the Companya™s agreement to be acquired by The Boeing Company (aBoeinga). The proposed cash transaction is valued at approximately $775 million.

Under the terms of the definitive agreement entered into by the parties, a subsidiary of Boeing will commence a tender offer to acquire Argon ST for $34.50 per share in cash. Upon completion of the transaction, Argon ST will become a subsidiary of Boeing and a new division of Boeing Network & Space Systems. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by Argon STa™s board of directors.

If you currently own shares of Argon ST and are interested in discussing your rights as an Argon ST shareholder, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll-free at (866) 974-8626 or email Mr. Shuman at [ kip@shumanlawfirm.com ] or Mr. Glenn at [ rusty@shumanlawfirm.com ].

The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and shareholder derivative actions.