latest news releases from the newsroom
Levi & Korsinsky, LLP
Levi & Korsinsky, LLP Investigates Eagle Test Systems, Inc.
NEW YORK, Sept. 3, 2008 (GLOBE NEWSWIRE) -- Levi & Korsinsky is investigating potential breaches of fiduciary duties by the Board of Directors of Eagle Test Systems Inc. ("Eagle" or the "Company") (Nasdaq:EGLT) in connection with the Board's approval of the sale of the Company to Teradyne, Inc. Under the terms of the agreement, Eagle shareholders would receive $15.65 in cash for every Eagle share they own. In addition and in connection with the transaction, Eagle has obtained an agreement from TA Funds and the Foxman Holders who own beneficially approximately 39.5% of Eagle's outstanding common stock to vote all of their shares in favor of the transaction. The proposed acquisition is subject to customary conditions and regulatory approvals.
Advanced Control Systems
Advanced Control Systems Chosen to Deliver PRISM SCADA for City of Glendale
ATLANTA, Sept. 3, 2008 (GLOBE NEWSWIRE) -- Advanced Control Systems, Inc. (ACS), a leading provider of smart grid automation and system solutions to global utilities, announced that it has recently been awarded a contract by the City of Glendale, CA to deliver its PRISM(tm) SCADA system to Glendale Water & Power (GWP), the city's municipal utility.