Globecomm Going Private Proposal Investigated by the Securities Attorneys at The Briscoe Law Firm and Powers Taylor, LLP

DALLAS--(BUSINESS WIRE)--Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the going private proposal of Globecomm Systems, Inc. (“Globecomm”) (NasdaqGS: GCOM) with Wasserstein & Co. for shareholders. Under the terms of the proposed agreement, valued at approximately $340 million, Globecomm shareholders are expected to receive $14.15 per share in cash, well below at least one analysts estimated value of $18.00.