AEROFLEX HOLDING CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Aeroflex Holding Corp. (ARX) Over the Proposed Sale of the Company to U.K. Aerospace Company Cobham
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Aeroflex Holding Corp. (“Aeroflex” or the “Company”) (NYSE: ARX) for potential breaches of fiduciary duties in connection with the sale of the Company to Cobham for approximately $1.5 billion in cash and debt. The Company’s stockholders will receive $10.50 for each share of Aeroflex common stock they own..
The investigation focuses on whether Aeroflex’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Aeroflex’s shareholders.
If you own common stock in Aeroflex and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
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Juan E. Monteverde
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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