(IBwire.com – March
20, 2012) - The Law Offices of Marc S. Henzel (www.henzellaw.com) a firm focusing on
shareholder litigation, and is investigating claims on behalf of investors of AboveNet, Inc. (NYSE: ABVT) concerning the proposed
acquisition of AboveNet by the Zayo Group LLC.
According to reports, Zayo Group, LLC and AboveNet, Inc. (NYSE: ABVT) announced that their boards of directors
have approved a definitive agreement under which Zayo will acquire AboveNet for
approximately $2.2 billion. Under the terms of the agreement, each share of
AboveNet common stock issued and outstanding immediately prior to the
transaction will be entitled to receive $84.00 per share in cash, representing
a 13% premium over AboveNet’s closing price on March 16, 2012 and a 21% premium
over the average closing stock price for the past 60 days.
If you own shares of AboveNet, Inc. (NYSE: ABVT) and would like to learn more about
any potential claims or you wish to discuss these matters and have any
questions concerning this announcement or your rights, please contact Marc S.
Henzel (610) 660-8000, email at Mhenzel@Henzellaw.com,
or to sign up online, visit the firms website at www.henzellaw.com.
The Law Offices
of Marc S. Henzel is a national shareholder litigation firm representing
shareholders & investors in various areas of securities laws including but
not limited to; class actions, derivatives, transactional (buyouts/mergers/acquisitions)
and FINRA & NYSE Arbitrations.
advertising. © 2012 Law Offices of Marc S. Henzel. The law firm responsible for this
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results do not guarantee or predict a similar outcome with respect to any
Offices of Marc S. Henzel