.. As Well as Rosen Law Firm …
For possible breaches of fiduciary duty and other violations of law
This is a Press Release edited by StorageNewsletter.com on October 14, 2015 at 2:38 pmRosen Law Firm P.A., a global investor rights law firm, is investigating the board of directors of EMC Corporation for possible breaches of fiduciary duty and other violations of law by failing to adequately shop EMC to maximize shareholder value before agreeing to be acquired by Dell Inc.
Under the terms of the proposed transaction, shareholders will receive $24.05 in cash and a tracking stock in virtual software provider VMWare Inc. for each share of EMC common stock they own. The proposed transaction is valued at approximately $67 billion. The investigation relates to whether the proposal is fair to the public shareholders of EMC and whether EMC’s bBoard breached its fiduciary duties in connection with the proposed sale.