ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Cray Inc.
NEW YORK, May 17, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Cray Inc. (NASDAQ: CRAY) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Hewlett Packard Enterprise (NYSE: HPE). Stockholders will receive $35.00 for each share of Cray Inc. stock that they hold. The transaction is valued at approximately $1.3 billion and is expected to close in the first quarter of Hewlett Packard's fiscal year 2020.
If you are a stockholder of Cray Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/cray. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], 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