Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Micronetics
Inc. (“Micronetics” or the “Company”) (NASDAQ: NOIZ) for potential
breaches of fiduciary duties in connection with their conduct related to
the sale of the Company to Mercury Computer Systems Inc. (NASDAQ: MRCY)
in an all-cash deal valued at approximately $75.4 million, which
includes the assumption of Micronetics’ net debt. Under the terms of the
proposed transaction, Micronetics’ stockholders will receive $14.80 in
cash for each share of Micronetics common stock they own.
Request more information now by clicking here: www.faruqilaw.com/NOIZ.
There is no cost or obligation to you.
Whether Micronetics’ Board of Directors breached their fiduciary duties
to the Company’s stockholders by failing to conduct an adequate and fair
sales process prior to agreeing to this proposed transaction, whether
the proposed transaction undervalues Micronetics’ shares and by how much
this proposed transaction undervalues the Company to the detriment of
Micronetics’ shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Micronetics and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/NOIZ
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
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