Rigrodsky & Long, P.A. Announces Investigation Of Keynote Systems, Inc. Buyout
Rigrodsky & Long, P.A.:
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Do you own shares of Keynote Systems, Inc. (NASDAQ GS: KEYN)?
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Did you purchase any of your shares prior to June 24, 2013?
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Do you think the proposed buyout price is too low?
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Do you want to discuss your rights?
Rigrodsky
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Keynote Systems, Inc.
(“Keynote” or the “Company”) (NASDAQ GS: KEYN)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company’s entry into an agreement to be acquired by
Thoma Bravo, LLC (“Thoma Bravo”) in a transaction valued at
approximately $395 million.
Click here to learn more: http://www.rigrodskylong.com/investigations/keynote-systems-inc-keyn.
Under the terms of the agreement, public shareholders of Keynote will
receive $20.00 per share in cash for each share of Keynote they own.
The investigation concerns whether Keynote’s board of directors failed
to adequately shop the Company and obtain the best possible value for
Keynote’s shareholders before entering into an agreement with Thoma
Bravo.
If you own the common stock of Keynote and purchased your shares before
June 24, 2013, 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 Seth Rigrodsky or Peter Allocco
at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden
City, New York 11530, by telephone at (888) 969-4242; by e-mail to info@rigrodskylong.com,
or at: http://www.rigrodskylong.com/investigations/keynote-systems-inc-keyn.
Rigrodsky
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Copyright Business Wire 2013