Zeldes & Haeggquist, LLP has commenced an investigation into possible legal claims against the Board of Directors of Anaren, Inc. (“Anaren” or “the Company”) (NASDAQ GS: ANEN). The investigation concerns possible breaches of fiduciary duties and other violations of law related to the Board’s receipt of an acquisition proposal from Vintage Capital Management, LLC (“Vintage”).
Anaren is a provider of microelectronics, and microwave components and assemblies for the wireless and space and defense electronics markets. Vintage and its affiliates are the largest shareholders of Anaren.
Zeldes & Haeggquist’s investigation concerns whether Anaren’s Board of Directors is adequately shopping the Company to obtain the best possible value for its shareholders before entering into an agreement with Vintage. Under the terms of the proposal, shareholders of Anaren will receive $23 per share in cash.
If you own stock of Anaren, and would like additional information regarding this investigation, or if you have information regarding the matters under investigation, please contact attorney Aaron M. Olsen or Amber L. Eck at 619-342-8000, or by email at firstname.lastname@example.org or email@example.com.