Science & Technology
Science and Technology
Science and Technology
Fri, December 10, 2010
Thu, December 9, 2010
Finkelstein Thompson LLP Announces Investigation of Compellent Technologies, Inc.
WASHINGTON--([ BUSINESS WIRE ])--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Compellent Technologies, Inc. (aCompellenta or the aCompanya) (NYSE: CML) concerning an exclusive agreement between the Company and Dell Inc. (aDella) (NasdaqGS: DELL), to negotiate a merger agreement in which Dell would acquire all of Compellenta™s outstanding common stock for $27.50 per share in cash. The total consideration value would be roughly $876 million.
The investigation is focused on the potential unfairness of the deal price to Compellent shareholders, the process by which the Board of Directors has been considering the transaction, and potential conflicts of interests among Compellent Board members. Compellenta™s share price has traded as high as $34.16 per share in recent days, prompting several media outlets to refer to the potential deal as a atake undera. Indeed, Yahoo! Finance reports that at least one equities analyst has published a $40 per share target price for Compellent stock.
If you are interested in discussing your rights as a Compellent shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at [ contact@finkelsteinthompson.com ].
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at [ www.finkelsteinthompson.com ]. Attorney advertising. Prior results do not guarantee similar outcomes.
