Law Offices of Howard G. Smith Announces Investigation of Cymer Inc.
BENSALEM, Pa. -- October 18, 2012
Law Offices of Howard G. Smith announces that it is investigating potential
claims against the Board of Directors of Cymer Inc. (“Cymer” or the “Company”)
(NASDAQ: CYMI) related to the proposed acquisition of the Company by ASML
Holding NV. The transaction is valued at approximately $2.5 billion, and for
each share of Cymer owned, shareholders are to receive $20 in cash plus 1.1502
shares of ASML.
This investigation concerns whether the Board of Directors of Cymer 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. Its share price
has skyrocketed from $39.25 on November 25, 2011 to $62.05 on August 17, 2012.
Further, at least one analyst has set a target price for the Company’s stock
If you are a shareholder of Cymer, 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 Howard G. Smith, Esquire, of Law
Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888)
638-4847, or by email to email@example.com, or visit our website
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
Toll Free: (888) 638-4847
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