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EasyLink Services International Corporation Board of Directors Under Investigation for Potential Breaches of Fiduciary Duty by


//science-technology.news-articles.net/content/2 .. for-potential-breaches-of-fiduciary-duty-by.html
Published in Science and Technology on Thursday, May 3rd 2012 at 19:01 GMT by Market Wire   Print publication without navigation


LOS ANGELES--([ ])--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of EasyLink Services International Corporation (aEasyLinka or the aCompanya) (NASDAQ: ESIC) related to the proposed acquisition of the Company by Open Text Corp. The transaction is valued at approximately $232 million or $7.25 per share.

This investigation concerns whether the Board of Directors of EasyLink breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Further, at least one analyst has set a target price for the Companyas stock at $8.00 per share.

If you are a shareholder of EasyLink, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to [ shareholders@glancylaw.com ].

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


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