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Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Intevac, Inc. Is Obtaining a Fair Price for Its Public Shareholders

1. Intevac's board faces scrutiny over fiduciary duty breaches. 2. Shareholders will receive $4.00 per share plus dividends. 3. Transaction restricts competing offers with significant penalties. 4. Insiders benefit substantially from the deal's arrangements.

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FAQ

Why Bearish?

Legal investigations can decrease investor confidence, impacting stock price negatively. Past examples show similar cases leading to price drops.

How important is it?

The investigation's outcome could directly affect shareholder value and market perception of IVAC.

Why Short Term?

Ongoing investigations and immediate shareholder concerns could quickly influence stock price. Short-term volatility often follows such news.

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IVACSTX
MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating Intevac (Nasdaq: IVAC) for possible breaches of fiduciary duty and other violations of law in its transaction with Seagate. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the tender offer transaction, Intevac stockholders will receive only $4.00 per share, with an additional $.102 per share to be paid in connection with an Intevac special and regular quarterly dividend. Intevac insiders will receive substantial benefits as part of change of control arrangements. The transaction agreement unreasonably limits competing transactions for Intevac by imposing a significant penalty if Intevac accepts a competing bid. We are investigating the conduct of Intevac’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders. We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

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