Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/glbl)
is investigating potential claims against the board of directors of
Global Industries Ltd. ("Global Industries" or the "Company") (NASDAQ:
GLBL) concerning possible breaches of fiduciary duty and other
violations of law related to the Company's efforts to sell Global
Industries to Technip S.A. in a transaction valued at approximately $937
million.
Our investigation concerns possible breaches of fiduciary duty and other
violations of law related to the approval of the transaction by
Company's board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of Global Industries. For more information regarding our
investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas,
Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com
or visit: www.rmclasslaw.com/cases/glbl.
Under the terms of the definitive agreement, Global Industries
shareholders will receive $8.00 in cash for each share of Global
Industries common stock they own.
If you own shares of Global Industries and would like to learn more
about these claims or if you wish to discuss these matters and have any
questions concerning this announcement or your rights, contact Richard
A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online,
visit: www.rmclasslaw.com/cases/glbl.
You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com.
For more information about class action cases in general, please visit
our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal
courts nationwide.
