An investigation for investors in Mattson Technology, Inc. (NASDAQ:MTSN) was announced concerning the takeover of Mattson Technology, Inc. by Beijing E-Town Dragon Semiconductor Industry Investment Center.
Investors who purchased shares of Mattson Technology, Inc. (NASDAQ:MTSN) and currently hold any of those NASDAQ:MTSN shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain officers and directors of Mattson Technology, Inc. breached their fiduciary duties owed to NASDAQ:MTSN investors in connection with the proposed acquisition.
On December 02, 2015 Mattson Technology, Inc. (NASDAQ:MTSN) and Beijing E-Town Dragon Semiconductor Industry Investment Center (Limited Partnership) jointly announced that they have entered into a merger agreement under which Beijing E-Town Dragon Semiconductor Industry Investment Center will acquire all of the outstanding shares of Mattson Technology, Inc. (NASDAQ:MTSN) for $3.80 per share in cash.
However, given that at least one analyst has set the high target price for NASDAQ:MTSN shares at $8.50 per share, the investigation concerns whether the offer is unfair to NASDAQ:MTSN stockholders. More specifically, the investigation concerns whether the Mattson Technology Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders’ best interests in connection with the proposed sale.
On January 6, 2016, NASDAQ:MTSN shares closed at $3.50 per share.
Those who are current investors in Mattson Technology, Inc. (NASDAQ:MTSN) shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
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