Cases
Echelon Corporation (ELON)
Merger
Overview
Overview
- Date:
- 7/2/2018
- Company Name:
- Echelon Corporation
- Stock Symbol:
- ELON
- Company Name - Buyer:
- Adesto Technologies
- Status:
- Closed/Complete
NEW YORK, July 2, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Echelon Corporation (NYSE: ELON) stockholders concerning the proposed acquisition of the company by Adesto Technologies.
Pursuant to the proposed transaction, which is valued at approximately $45 million, Echelon shareholders will receive $8.50 in cash per share of their Echelon common stock. The investigation concerns whether the Echelon Board obtained the best price possible for Echelon shareholders.
If you own Echelon shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, which is valued at approximately $45 million, Echelon shareholders will receive $8.50 in cash per share of their Echelon common stock. The investigation concerns whether the Echelon Board obtained the best price possible for Echelon shareholders.
If you own Echelon shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.