Integral Systems, Inc. Merger Litigation (Nasdaq: ISYS)
Law Office of Brodsky & Smith, LLC Announces Investigation of Integral Systems, Inc.
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Integral Systems, Inc. (“Integral” or the “Company”) (Nasdaq - ISYS - News) relating to the proposed acquisition by Kratos Defense & Security Solutions, Inc.. (“Kratos”).
Under the terms of the transaction, Integral shareholders would receive $5.00 in cash and 0.588 shares of Kratos stock for each share of common stock they own. The proposed transaction values Integral at approximately $13.00. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Integral by not acting in Integral shareholders' best interests in connection with the sale process to Kratos. The transaction may undervalue Integral as Integral stock traded at $12.89 on February 7, 2011 and $13.64 as recently as May 10, 2011.
If you own shares of Integral stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, or by calling toll free 877-LEGAL-90.
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