Yahoo Finance IMPORTANT SYNTEL, INC. INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP is Investigating the Acquisition of Syntel, Inc. by Atos S.E.
NEW YORK, NY / ACCESSWIRE / July 23, 2018 / Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating the acquisition of Syntel, Inc. ("Syntel") (SYNT) by Atos S.E. ("Atos") and whether the board members of Syntel breached their fiduciary duties in connection with the proposed sale of the Company to Atos.
Syntel provides digital transformation, information technology (IT) and knowledge process outsourcing (KPO) services worldwide.
On July 22, 2018, Syntel announced that it had signed a definitive merger agreement with Atos. Under the terms of the transaction, Atos will acquire all outstanding shares of Syntel for $41.00 per share in an all-cash transaction.
In connection with the merger agreement, Syntel's founders and certain of their affiliated entities, who collectively own approximately 51.07% of the outstanding Syntel shares, entered into an agreement with Atos to vote their shares in favor of the merger agreement.
Investors who currently hold shares of Syntel, Inc. and held prior to the July 22nd merger announcement are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. Syntel shareholders have the option to file a class action lawsuit to ensure the Board of Directors obtains the best possible price for shareholders and the disclosure of all material information.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
Attorney Advertising: Prior results do not guarantee or predict a similar outcome.
SOURCE: Wolf Haldenstein Adler Freeman & Herz LLP
