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Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of CPI International, Inc., in Connection with

^{Published on 2010-11-29 16:36:00 - Market Wire}
 

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of CPI International, Inc. (aCPIa or the aCompanya) (NASDAQ:CPII) related to the Companya™s agreement to be acquired by an affiliate of Veritas Capital Fund IV (aVeritas Capitala). The proposed cash transaction is valued at approximately $525 million.

Under the terms of the definitive merger agreement entered into by the parties, CPI shareholders will receive $19.50 in cash for each share they own of the Companya™s common stock. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by CPIa™s board of directors.

If you are a shareholder of CPI, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].