|By PR Newswire||
|January 17, 2014 11:58 AM EST||
DALLAS, Jan. 17, 2014 /PRNewswire/ -- Securities lawyers at Deans & Lyons announce an investigation of the board of Sirius XM Holdings, Inc. (NASDAQ: SIRI) in connection with the acquisition by Liberty Media Corp. where Sirius XM shareholders will receive 0.0760 shares of Liberty Series C common stock for each Sirius stock they own. Concerned SIRI investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or [email protected] about their rights and remedies.
"Since one analyst valued the target sale price at $5.80 and Sirius XM stock has traded above the sale price several times since the sale was announced, this potential investigation is concerned with whether shareholders will receive a fair price in the sale," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure that all relevant information is disclosed and that the Sirius XM Holdings, Inc. shareholders receive the highest price reasonably available for their stock."
Deans & Lyons has significant experience representing shareholders in securities lawsuits nationwide. SIRI stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] or 877-819-8033 with questions or concerns.
SOURCE Deans & Lyons LLP
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