Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Rofin-Sinar Technologies Inc (NASDAQ: RSTI) acted responsibly on behalf of investors’ profitability in the planned $942 million sale to Coherent Inc (NASDAQ: COHR).
On March 16, 2016, Rofin-Sinar Technologies Inc (NASDAQ: RSTI) and Coherent Inc (NASDAQ: COHR) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Coherent will offer Rofin-Sinar Technologies shareholders $32.50 per share in cash for all outstanding shares.
Based in Plymouth, Michigan, and founded in 1975 Rofin-Sinar Technologies Inc is engaged in the design, development, engineering, manufacturing, and marketing of laser sources and laser-based system solutions for industrial material processing applications.
The investigation is looking to uncover whether Rofin-Sinar Technologies Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $33.00 per share.
If you purchased Rofin-Sinar Technologies Inc (NASDAQ: RSTI) prior to March 16, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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