NEW YORK, July 9, 2019
NEW YORK, July 9, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Acacia Communications, Inc. (NASDAQ: ACIA) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Cisco Systems, Inc. (NASDAQ: CSCO). Stockholders will receive $70.00 for each share of Acacia Communications stock that they hold. The transaction is valued at approximately $2.6 billion and is expected to close in the second half of Cisco's fiscal year 2020.
If you are a stockholder of Acacia Communications, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/acacia. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at firstname.lastname@example.org, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
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SOURCE Rowley Law PLLC