INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Zygo Corporation Buyout Proposal
SMITHTOWN, NY, April 14, 2014:
The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of Zygo Corporation (“Zygo”) (NASDAQ GS: ZIGO) for possible breaches of fiduciary duties and other violations of law in connection with Zygo’s agreement to be acquired by AMETEK, Inc. (“AMETEK”) in a transaction valued at approximately $280 million.
Under the terms of the agreement, public shareholders of Zygo will receive $19.25 per share in cash for each share of Zygo they own.
The investigation concerns whether Zygo’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Zygo’s stockholders would be fair and adequate, and whether Zygo is acting in its stockholders’ best interests.