Thursday, August 19, 2010 12:19:14 PM
Ryan & Maniskas, LLP Announces Investigation of McAfee, Inc. 08/19 12:15 PM
WAYNE, Pa.--(BUSINESS WIRE)-- Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/mfe) is investigating potential claims against the board of directors of McAfee, Inc. (MFE:$47.10,00$17.1700,57.37%) ("McAfee" or the "Company") concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Intel Corp.
(INTC:$18.96,00$-0.63,00-3.22%) in a transaction with a value of approximately $7.68 billion.
Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of McAfee (MFE:$47.10,00$17.1700,57.37%) . For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/mfe.
Under the terms of the proposed transactions, McAfee (MFE:$47.10,00$17.1700,57.37%) shareholders will receive $48.00 cash for each share of McAfee (MFE:$47.10,00$17.1700,57.37%) common stock they own.
If you own shares of McAfee (MFE:$47.10,00$17.1700,57.37%) and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/mfe. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan and Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
Source: Ryan & Maniskas, LLP
Get more news on:SYMBOLS: MFE, INTCNEWS TYPE: SECTORS: Computers and Peripherals, Internet Software and Services, IT Services, Software, Information Technology, Commercial Services and Supplies, Industrials
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