Robbins Arroyo LLP: Acquisition of Xura, Inc. (MESG) by Affiliates of Siris Capital Group, LLC May Not Be in Shareholders' Best Interests

SAN DIEGO & WAKEFIELD, Mass.--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Xura, Inc. (NASDAQ: MESG) by affiliates of Siris Capital Group, LLC. On May 23, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Siris Capital Group will acquire Xura. Under the terms of the agreement, Xura shareholders will receive $25.00 in cash for each share of Xura common stock.