WASHINGTON, Sept. 4, 2009 (GLOBE NEWSWIRE) -- Finkelstein Thompson LLP is investigating potential shareholder claims arising from the proposed acquisition of NYFIX, Inc. ("NYFIX" or the "Company") (Nasdaq:NYFX) by NYSE Euronext, Inc. ("NYSE") (NYSE:NYX). Under the terms of the proposed merger, NYFIX shareholders will receive $1.675 in cash for each share of NYFIX they own, valuing the entire transaction at approximately $144 million, including preferred stock consideration.
The investigation is focused on the potential unfairness of the proposed merger price and of the process by which the NYFIX Board of Directors is addressing the offer. The Company's shares traded at a 52-week high of $3.75 per share. Further, the proposed merger includes a $5 million termination fee.
If you are interested in discussing your rights as NYFIX shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in connection with securities and other finance-related litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers. To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com.