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Finkelstein Thompson LLP Announces Investigation of Globecomm Systems Inc. Going Private Proposal

WASHINGTON--(BUSINESS WIRE)--The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Globecomm Systems Inc. (NASDAQ: GCOM) (“Globecomm” or “the Company”), concerning the Company’s proposed acquisition by Wasserstein & Co. (“Wasserstein”). Under the terms of the merger agreement, Globecomm shareholders will receive $14.15 in cash for each share of Globecomm common stock they own, in a deal valued at approximately $340 million. The offer price represents a 1.73 percent discount to Globecomm’s closing price on Friday, August 23, 2013. At least one analyst has set a target price of $18.00 for Globecomm’s shares.