DALLAS, Sept. 21, 2009 – LawFuel.com — Kendall Law Group today launched a shareholder investigation concerning the recent tender offer by Dell to buy Perot Systems (NYSE:PER) for $3.9 billion.
The law firm’s investigation is based on the appearance that Perot Systems executives agreed to the buyout while securing jobs for themselves. For instance, Chief Executive Officer Peter Altabef will remain employed by Dell after the close of the merger, and Dell will consider adding Perot Systems’ chairman Ross Perot Jr. to its board upon close. Perot Systems also agreed to a no solicitation clause and a $130 million termination fee.
Led by a former Dallas Federal Judge and former U.S. Attorney, Kendall Law Group has extensive experience representing investors in mergers and acquisitions. For more information about your rights as a Perot Systems shareholder, contact attorney Hamilton Lindley at 877-744-3728 or by email at hlindley@kendalllawgroup.com.
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