newsfilter
← Latest News
Business Wire·

Robbins Arroyo LLP: Acquisition of Lionbridge Technologies, Inc. (LIOX) by an affiliate of H.I.G. Capital, LLC (Private) May Not Be in Shareholders' Best Interests

SAN DIEGO & WALTHAM, Mass.--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Lionbridge Technologies, Inc. (NASDAQGS: LIOX) by an affiliate of H.I.G. Capital, LLC (Private). On December 12, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which H.I.G. Capital will acquire Lionbridge. Under the terms of the agreement, Lionbridge shareholders will receive $5.75 for each share of Lionbridge common stock.