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IVAC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Intevac, Inc. Is Fair to Shareholders

1. Halper Sadeh LLC is investigating Intevac's sale to Seagate for fairness. 2. The sale price is $4.00 per share, raising concerns among shareholders. 3. Potential violations of fiduciary duties may impact shareholder decisions. 4. Intevac may not be optimizing shareholder value in the transaction.

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FAQ

Why Neutral?

The investigation does not directly indicate price decrease or increase, typically causing uncertainty. Past similar investigations have resulted in negotiations, but no immediate impact was determined.

How important is it?

The article discusses a significant potential impact on IVAC's sale terms, which is important for investors. However, the ongoing nature of investigations may limit the immediate relevance of the findings.

Why Short Term?

Ongoing investigations can influence immediate market sentiment. A quick resolution could stabilize prices, as seen in previous merger investigations.

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IVAC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Intevac, Inc. Is Fair to Shareholders

NEW YORK--()--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Intevac, Inc. (NASDAQ: IVAC) to Seagate Technology Holdings plc for $4.00 per share in cash is fair to Intevac shareholders.

Halper Sadeh encourages Intevac shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Intevac and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Intevac shareholders; (2) determine whether Seagate is underpaying for Intevac; and (3) disclose all material information necessary for Intevac shareholders to adequately assess and value the merger consideration.

On behalf of Intevac shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

Halper Sadeh LLC
One World Trade Center
85th Floor
New York, NY 10007
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

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