San Diego, CA -- (SBWire) -- 01/13/2016 --An investigation for shareholders of Mattson Technology, Inc. (NASDAQ:MTSN), was announced concerning whether the takeover of Mattson Technology, Inc. by Beijing E-Town Dragon Semiconductor Industry Investment Center for $3.80 per share.
Investors who purchased shares of Mattson Technology, Inc. (NASDAQ:MTSN) and currently hold any of those NASDAQ:MTSN shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain officers and directors of Mattson Technology, Inc. breached their fiduciary duties owed to NASDAQ:MTSN investors in connection with the proposed acquisition.
On December 02, 2015 Mattson Technology, Inc. (NASDAQ:MTSN) and Beijing E-Town Dragon Semiconductor Industry Investment Center (Limited Partnership) jointly announced that they have entered into a merger agreement under which Beijing E-Town Dragon Semiconductor Industry Investment Center will acquire all of the outstanding shares of Mattson Technology, Inc. (NASDAQ:MTSN) for $3.80 per share in cash.
However, given that at least one analyst has set the high target price for NASDAQ:MTSN shares at $8.50 per share, the investigation concerns whether the offer is unfair to NASDAQ:MTSN stockholders. More specifically, the investigation concerns whether the Mattson Technology Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.
Mattson Technology, Inc. reported that its annual Total Revenue rose from $119.43 million in 2013 to $178.40 million in 2014 and that its Net Loss of $10.97 million in 2013 turned into a Net Income of $9.88 million in 2014. Shares of Mattson Technology, Inc. (NASDAQ:MTSN
On January 12, 2016, NASDAQ:MTSN shares closed at $3.43 per share.
Those who are current investors in Mattson Technology, Inc. (NASDAQ:MTSN) shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
Mattson Technology, Inc. (NASDAQ:MTSN) Shareholder Alert: Investigation of Buyout
An investigation on behalf of investors of Mattson Technology, Inc. (NASDAQ:MTSN) in connection with the proposed takeover was announced and NASDAQ:MTSN stockholders should contact the Shareholders Foundation.