Kirby McInerney LLP is investigating potential claims against the Board
of Directors of Tellabs Inc. (“Tellabs” or the “Company”) (NASDAQ:TLAB)
concerning the proposed acquisition of the Company by Marlin Equity
Partners (“Marlin”). Under the terms of the proposed transaction,
Tellabs stockholders will receive $2.45 in cash for each share of
Tellabs owned, valuing the transaction at approximately $891 million.
The investigation concerns whether the Tellabs Board of Directors
violated its fiduciary duties by agreeing to this transaction and
whether the proposed $2.45 per share consideration adequately values
Tellabs’ common stock.
If you are a Tellabs stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com,
by telephone at (212) 699-1145 or (888) 529-4787, or by filling
out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, stockholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
Copyright Business Wire 2013