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Pomerantz Law Firm Investigates Tekelec

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posted:11/8/2011
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Description: NEW YORK--(EON: Enhanced Online News)--Pomerantz Haudek Grossman & Gross LLP is investigating claims on behalf of investors of Tekelec (“Tekelec” or the “Company”) (NASDAQ:TKLC) concerning the proposed acquisition of Tekelec by a consortium led by Siris Capital Group, LLC. The cash transaction is valued at $780 million. The investigation concerns whether the board of directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under a style='font-
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