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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Multi-Fineline Electronix Inc (NASDAQ: MFLX) acted responsibly on behalf of investors’ profitability in the sale to Suzhou Dongshan Precision Manufacturing Co Ltd.
On February 4, 2016, Multi-Fineline Electronix Inc (NASDAQ: MFLX) and Suzhou Dongshan Precision Manufacturing Co Ltd announced that they had entered into a merger agreement. Under the terms of the agreement, Multi-Fineline Electronix Inc stockholders will receive $23.95 in cash for each share of Multi-Fineline Electronix Inc common stock held at the close of the transaction.
Based in Irvine, CA, and founded in 1984 Multi-Fineline Electronix Inc is engaged in engineering, design, and manufacturing of flexible printed circuit boards and related component assemblies for the electronics industry.
The investigation is looking to uncover whether Multi-Fineline Electronix Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $24.00 per share.
If you purchased Multi-Fineline Electronix Inc (NASDAQ: MFLX) prior to February 4, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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