WASHINGTON, Aug. 13, 2009 (GLOBE NEWSWIRE) -- Finkelstein Thompson LLP is investigating potential shareholder claims arising from the proposed acquisition of On2 Technologies, Inc. ("On2" or the "Company") (AMEX:ONT) by Google Inc. ("Google") (Nasdaq:GOOG). Under the terms of the proposed merger, On2 shareholders will receive $0.60 worth of Google class A common stock for each outstanding share of On2 common stock they own, valuing the deal at approximately $106.5 million.
The investigation is focused on the potential unfairness of the proposed merger price and of the process by which the On2 Board of Directors is addressing the proposed acquisition. The Company's shares traded at $0.65 per share as recently as May 13, 2009.
If you are interested in discussing your rights as On2 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.
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