NEW YORK, July 02, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Echelon Corporation (NASDAQ:ELON) stockholders concerning the proposed acquisition of the company by Adesto Technologies.
Pursuant to the proposed transaction, which is valued at approximately $45 million, Echelon shareholders will receive $8.50 in cash per share of their Echelon common stock. The investigation concerns whether the Echelon Board obtained the best price possible for Echelon shareholders.
If you own Echelon shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 308-1869, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Echelon Corporation please go to https://bespc.com/echelon/. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.