Science & Technology
Tue, January 24, 2012
LOS ANGELES--([ BUSINESS WIRE ])--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of AsiaInfo-Linkage, Inc. ( aAsiaInfoa or the aCompanya) (NASDAQ:ASIA) related to the offer by Power Joy Limited, a wholly owned subsidiary of CITIC Capital China Partners II, L.P., to take AsiaInfo private. Under the terms of the offer, AsiaInfo shareholders will receive a cash premium for each share of common stick they own.
The investigation concerns whether the Board of Directors of AsiaInfo breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.
If you are a shareholder of AsiaInfo, 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 Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by telephone at 310-201-9150 or Toll Free at 888-773-9224 or by email to [ shareholders@glancylaw.com ].
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