Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of American Science and Engineering Inc (NASDAQ: ASEI) acted responsibly on behalf of investors’ profitability in the planned $269 million sale to OSI Systems Inc (NASDAQ: OSIS).
On June 21, 2016, American Science and Engineering Inc (NASDAQ: ASEI) and OSI Systems Inc (NASDAQ: OSIS) announced that they had entered into a merger agreement. Under the terms of the merger agreement, OSI Systems will offer American Science and Engineering shareholders $37.00 per share in cash for all outstanding shares.
Based in Billerica, Massachusetts, and founded in 1958 American Science and Engineering Inc develops, manufactures, markets, and sells X-ray inspection and other detection products for homeland security, force protection, public safety, and other defense and security applications.
The investigation focuses on whether NASDAQ: ASEI investors received the highest price and whether the directors of American Science and Engineering Inc acted in the best interest of American Science and Engineering Inc company and its shareholders.
If you purchased American Science and Engineering Inc (NASDAQ: ASEI) prior to June 21, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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