NEW YORK, June 14, 2016 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Polycom, Inc. (NASDAQ:PLCM)
stock prior to April 15, 2016.
You are hereby notified that a class action has been commenced in California state court
challenging the fairness of the sale of Polycom, Inc. to Mitel Networks
Corporation (NASDAQ:MITL). Polycom shareholders will receive $3.12 in cash and 1.31 Mitel shares for each share of Polycom stock
they own; based on the closing price of Mitel stock on April 13, 2016, this represents a value of approximately $13.68 per share.
To learn more about the action and your rights, go to:
http://zlk.9nl.com/polycom
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There
is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The
firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors
throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved
shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
