Kirby McInerney LLP is investigating potential claims against the Board
of Directors of MICROS Systems, Inc. ("MICROS" or the "Company")
(NASDAQ:MCRS) concerning the proposed acquisition of the Company by
Oracle Corporation ("Oracle"). Under the terms of the definitive merger
agreement, MICROS stockholders will receive $68.00 in cash for each
share of MICROS common stock they own, valuing the transaction at
approximately $5.3 billion.
The investigation concerns whether the MICROS Board of Directors
violated its fiduciary duties by agreeing to the proposed transaction
and whether the proposed consideration adequately values the Company's
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
[ Back To NFVZone's Homepage ]