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Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Buyout of Phoenix Technologies Ltd.

^{Published on 2010-08-18 11:30:32 - Market Wire}
 

ATLANTA--([ BUSINESS WIRE ])--Holzer Holzer & Fistel, LLC is investigating whether the directors of Phoenix Technologies Ltd (aPhoenixa or the aCompanya) (NASDAQ: PTEC) complied with their fiduciary duties in approving the proposed buyout of the Company by Marlin Equity Partners. According to the Companya™s announcement, Phoenix shareholders will receive $3.85 per share if the deal closes. The investigation seeks to determine, among other things, whether the consideration to be paid to Phoenix shareholders is fair and adequate.

Current holders of Phoenix common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq. or Marshall P. Dees, Esq. via email at [ mfistel@holzerlaw.com ] or [ mdees@holzerlaw.com ], or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, [ www.holzerlaw.com ], and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.