Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Acquisition of Plato Learning, Inc.
26 März 2010 - 3:07PM
Business Wire
Holzer Holzer & Fistel, LLC is investigating whether the
directors of PLATO Learning, Inc. (“PLATO” or the “Company”)
(Nasdaq: TUTR) complied with their fiduciary duties in approving
the proposed acquisition of the Company by an affiliate of Thoma
Bravo, LLC. If the transaction is approved, under the terms of the
agreement, PLATO shareholders will receive $5.60 in cash for each
share of PLATO common stock they hold. The investigation seeks to
determine, among other things, whether the consideration to be paid
to PLATO shareholders is fair and adequate.
Current holders of PLATO common stock with questions concerning
their legal rights are encouraged to contact Holzer Holzer &
Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq. or
Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com or
mdees@holzerlaw.com, or via toll-free telephone at (888)
508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm
that dedicates its practice to vigorous representation of
shareholders and investors in litigation nationwide, including
shareholder class action and derivative litigation. More
information about the firm is available through its website,
www.holzerlaw.com, and upon request from the firm. Holzer Holzer
& Fistel, LLC has paid for the dissemination of this
promotional communication, and Michael I. Fistel, Jr. is the
attorney responsible for its content.
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