07.08.2013 17:48:00
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Ryan & Maniskas, LLP Announces Investigation of Michael Baker Corporation
WAYNE, Pa., Aug. 7, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/bkr) is investigating potential claims against the board of directors of Michael Baker Corporation ("Michael Baker" or the "Company") (NYSE MKT: BKR) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Integrated Mission Solutions, LLC in a deal valued at approximately $369.9 million.
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Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Michael Baker for not acting in the Company's shareholders' best interests in connection with the sale process. 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/bkr.
Under the terms of the transaction, Michael Baker shareholders will receive $40.50 in cash for each share of Michael Baker stock they own.
If you own shares of Michael Baker 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/bkr. 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.
CONTACT: | Ryan & Maniskas, LLP |
Richard A. Maniskas, Esquire | |
995 Old Eagle School Rd., Suite 311 | |
Wayne, PA 19087 | |
877-316-3218 | |
SOURCE Ryan & Maniskas, LLP
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