The Shuman Law Firm announces that it is
investigating potential claims on behalf of Anaren,
Inc. (“Anaren” or the “Company”) shareholders.
Anaren is an East Syracuse, NY-based company that
designs, develops, and manufactures components,
assemblies, and subsystems primarily for the
wireless communications, satellite communications,
and space and defense electronics markets worldwide.
The Firm’s investigation relates to the proposed
acquisition of the Company by an affiliate of The
Veritas Capital Fund IV, L.P. (“Veritas Capital”).
Under the terms of the proposed transaction, Anaren
shareholders will receive $28.00 in cash for each
share of Anaren owned, valuing the transaction at
approximately $381 million. The investigation
concerns whether the Anaren Board of Directors
violated its fiduciary duties by agreeing to the
proposed transaction and whether the $28.00 per
share proposed consideration adequately values
Anaren’s common stock.