WASHINGTON, Dec. 16, 2008 (GLOBE NEWSWIRE) -- Finkelstein Thompson LLP is currently investigating potential shareholder claims arising from the announced merger of Centennial Communications Corp. ("Centennial" or the "Company") (NYSE:CYCL) with AT&T Inc. The deal would value each share of Centennial stock at $8.50 -- well below analysts' target share price of $11. The investigation is centered on the potential unfairness of this price, as well as upon the potential unfairness of strict "no-shop" provision and other deal protection terms that seem to reduce the likelihood of the emergence of a superior offer.
If you are interested in discussing your rights as a Centennial 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.