SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Ultratech, Inc. is Fair to Shareholders -- UTEK

Montag, 06.02.2017 21:20 von PR Newswire

PR Newswire

NEW YORK, Feb. 6, 2017 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Ultratech, Inc. ("UltraTech") (NASDAQ:UTEK) stock prior to February 2, 2017.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Ultratech to Veeco Instruments Inc. (NASDAQ: VECO). Under the terms of the transaction, Ultratech shareholders will receive (i) $21.75 per share in cash and (ii) 0.2675 of a share of Veeco common stock for each Ultratech common share they own. Based on the closing price of Veeco on February 1, 2017, this represents an approximate value of $28.64 per share. To learn more about the action and your rights, go to: http://zlk.9nl.com/ultratech-utek or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

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SOURCE Levi & Korsinsky, LLP

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