Electro Rent Cp (ELRC) 13.07 $ELRC
Electro Rent Corporation Acquisition May Not Be in the Best Interests of ELRC Shareholders
PR Newswire - Thu Jun 09, 12:09PM CDT
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Electro Rent Corporation ("ELRC" or the "Company"
in connection with the proposed acquisition of the Company by Platinum Equity. On May 31, 2016, ELRC and Platinum Equity jointly announced a definitive agreement for Platinum Equity to acquire all outstanding shares of ELRC in a transaction valued at approximately $323.4 million. Under the terms of the agreement, ELRC shareholders will receive $13.12 for each ELRC share they own.
ELRC: 13.07 (unch)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Class Action Challenging the Fairness of the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC
GlobeNewswire - Thu Jun 09, 10:02AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
ELRC: 13.07 (unch)
29.1% Return Seen to Date on SmarTrend Electro Rent Call (ELRC)
Comtex SmarTrend(R) - Thu Jun 09, 12:53AM CDT
SmarTrend identified an Uptrend for Electro Rent (NASDAQ:ELRC) on May 2nd, 2016 at $10.13. In approximately 1 month, Electro Rent has returned 29.09% as of today's recent price of $13.07.
ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC
BusinessWire - Mon Jun 06, 1:46PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Electro Rent Corporation
BusinessWire - Thu Jun 02, 9:05PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Electro Rent Corporation ("Electro" or "the Company" (Nasdaq: ELRC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Platinum Equity LLC ("Platinum".
ELRC: 13.07 (unch)
INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Electro Rent Corporation And Encourages Shareholders To Contact The Firm For Additional Information
BusinessWire - Thu Jun 02, 4:50PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Electro Rent Corporation (NASDAQ: ELRC) ("Electro Rent" or the "Company" relating to the proposed buyout of Electro Rent by Platinum Equity.
ELRC: 13.07 (unch)
Bragar Eagel & Squire, P.C. Is Investigating the Board of Directors of Electro Rent Corporation (ELRC) on Behalf of Stockholders and Encourages Investors to Contact the Firm
BusinessWire - Wed Jun 01, 4:30PM CDT
Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Electro Rent Corporation (NASDAQ:ELRC) investors concerning the proposed acquisition of the company by Platinum Equity.
ELRC: 13.07 (unch)
Uptrend Call Working As Electro Rent Stock Rises 28.8% (ELRC)
Comtex SmarTrend(R) - Wed Jun 01, 1:03PM CDT
SmarTrend identified an Uptrend for Electro Rent (NASDAQ:ELRC) on May 2nd, 2016 at $10.13. In approximately 1 month, Electro Rent has returned 28.79% as of today's recent price of $13.04.
ELRC: 13.07 (unch)
Shareholder Alert: Brower Piven Commences An Investigation Into The Proposed Sale Of Electro Rent Corporation And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Wed Jun 01, 12:05PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Electro Rent Corporation (NASDAQ: ELRC) ("Electro Rent" or the "Company" relating to the proposed buyout of Electro Rent by Platinum Equity.
ELRC: 13.07 (unch)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Fairness of the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC
PR Newswire - Wed Jun 01, 11:58AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
ELRC: 13.07 (unch)
Ryan & Maniskas, LLP Announces Investigation of Electro Rent Corporation
PR Newswire - Wed Jun 01, 10:07AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Electro Rent Corporation ("Electro Rent" or the "Company" (NASDAQ: ELRC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Platinum Equity in a transaction valued at approximately $323.4 million.
ELRC: 13.07 (unch)
Wolf Popper LLP Investigates Buyout of Electro Rent Corporation by Platinum Equity
PR Newswire - Wed Jun 01, 9:45AM CDT
On May 1, 2016, a private equity firm, Platinum Equity announced that it is acquiring Electro Rent Corporation (NASDAQ: ELRC) for $13.12 per share. According to Carl Stine, who is a partner at Wolf Popper LLP, "Clearly, Platinum Equity is taking advantage on the fact that Electro Rent's Chairman plans to retire in July 2016 and wants to sell now, even if it's a bad price." The offer price is below at least one analyst's price target of $15.00 per share.
ELRC: 13.07 (unch)
Downgrade Alert for Electro Rent (ELRC)
Comtex SmarTrend(R) - Wed Jun 01, 3:20AM CDT
Electro Rent (NASDAQ:ELRC) was downgraded from Buy to Neutral at Sidoti today. The stock closed yesterday at $13.10 on volume of 1.6 million shares, above average daily volume of 23,000. Electro Rent Corporation offers rental, lease, and sale of electronic equipment. The Company's equipment consists primarily of general purpose test and measurement instruments. Electro also leases personal computers and workstations, and services its customers through a network of equipment calibration and service centers in the United States and Canada.
ELRC: 13.07 (unch)
ELECTRO RENT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Electro Rent Corporation
PR Newswire - Tue May 31, 10:01PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Electro Rent Corporation ("Electro Rent" or the "Company" (NASDAQ: ELRC) to Platinum Equity. Under the terms of the proposed transaction, shareholders of Electro Rent will receive only $13.12 in cash for each share of Electro Rent that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Electro Rent Corporation - ELRC
ACCESSWIRE - Tue May 31, 9:38PM CDT
BALA CYNWYD, PA / ACCESSWIRE / May 31, 2016 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Electro Rent Corporation ("Electro" or "the Company" (Nasdaq: ELRC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Platinum Equity LLC ("Platinum".
ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Fairness of the Sale of Electro Rent Corporation to Platinum Equity - ELRC
ACCESSWIRE - Tue May 31, 4:28PM CDT
NEW YORK, NY / ACCESSWIRE / May 31, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
ELRC: 13.07 (unch)
Harwood Feffer LLP Announces Investigation of Proposed Acquisition of Electro Rent Corporation (ELRC)
PR Newswire - Tue May 31, 4:13PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Electro Rent Corporation ("Electro Rent" or the "Company" (NASDAQ: ELRC) concerning the proposed acquisition of the Company by Platinum Equity ("Platinum" that would take the Company private.
ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Electro Rent Corporation - ELRC
PR Newswire - Tue May 31, 3:25PM CDT
Pomerantz LLP is investigating claims on behalf of investors of Electro Rent Corporation ("Electro Rent" or the "Company" (NASDAQ: ELRC) (ISIN: US2852181039) (CUSIP: 285218103) concerning the proposed acquisition of Electro Rent by Platinum Equity.
ELRC: 13.07 (unch)
ELECTRO RENT CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Tue May 31, 3:20PM CDT
Rigrodsky & Long, P.A.:
ELRC: 13.07 (unch)
Robbins Arroyo LLP: Acquisition of Electro Rent Corporation (ELRC) by Platinum Equity LLC May Not Be in Shareholders' Best Interests
BusinessWire - Tue May 31, 2:05PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Electro Rent Corp. (NASDAQ: ELRC) by Platinum Equity LLC. On May 31, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Platinum Equity will acquire Electro Rent. Under the terms of the agreement, Electro Rent shareholders will receive $13.12 in cash for each share of Electro Rent common stock.
ELRC: 13.07 (unch)
Electro Rent Corporation Acquisition May Not Be in the Best Interests of ELRC Shareholders
PR Newswire - Thu Jun 09, 12:09PM CDT
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Electro Rent Corporation ("ELRC" or the "Company"
in connection with the proposed acquisition of the Company by Platinum Equity. On May 31, 2016, ELRC and Platinum Equity jointly announced a definitive agreement for Platinum Equity to acquire all outstanding shares of ELRC in a transaction valued at approximately $323.4 million. Under the terms of the agreement, ELRC shareholders will receive $13.12 for each ELRC share they own. ELRC: 13.07 (unch)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Class Action Challenging the Fairness of the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC
GlobeNewswire - Thu Jun 09, 10:02AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
ELRC: 13.07 (unch)
29.1% Return Seen to Date on SmarTrend Electro Rent Call (ELRC)
Comtex SmarTrend(R) - Thu Jun 09, 12:53AM CDT
SmarTrend identified an Uptrend for Electro Rent (NASDAQ:ELRC) on May 2nd, 2016 at $10.13. In approximately 1 month, Electro Rent has returned 29.09% as of today's recent price of $13.07.
ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC
BusinessWire - Mon Jun 06, 1:46PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Electro Rent Corporation
BusinessWire - Thu Jun 02, 9:05PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Electro Rent Corporation ("Electro" or "the Company"
(Nasdaq: ELRC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Platinum Equity LLC ("Platinum". ELRC: 13.07 (unch)
INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Electro Rent Corporation And Encourages Shareholders To Contact The Firm For Additional Information
BusinessWire - Thu Jun 02, 4:50PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Electro Rent Corporation (NASDAQ: ELRC) ("Electro Rent" or the "Company"
relating to the proposed buyout of Electro Rent by Platinum Equity. ELRC: 13.07 (unch)
Bragar Eagel & Squire, P.C. Is Investigating the Board of Directors of Electro Rent Corporation (ELRC) on Behalf of Stockholders and Encourages Investors to Contact the Firm
BusinessWire - Wed Jun 01, 4:30PM CDT
Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Electro Rent Corporation (NASDAQ:ELRC) investors concerning the proposed acquisition of the company by Platinum Equity.
ELRC: 13.07 (unch)
Uptrend Call Working As Electro Rent Stock Rises 28.8% (ELRC)
Comtex SmarTrend(R) - Wed Jun 01, 1:03PM CDT
SmarTrend identified an Uptrend for Electro Rent (NASDAQ:ELRC) on May 2nd, 2016 at $10.13. In approximately 1 month, Electro Rent has returned 28.79% as of today's recent price of $13.04.
ELRC: 13.07 (unch)
Shareholder Alert: Brower Piven Commences An Investigation Into The Proposed Sale Of Electro Rent Corporation And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Wed Jun 01, 12:05PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Electro Rent Corporation (NASDAQ: ELRC) ("Electro Rent" or the "Company"
relating to the proposed buyout of Electro Rent by Platinum Equity. ELRC: 13.07 (unch)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Fairness of the Sale of Electro Rent Corporation to Platinum Equity for $13.12 Per Share - ELRC
PR Newswire - Wed Jun 01, 11:58AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
ELRC: 13.07 (unch)
Ryan & Maniskas, LLP Announces Investigation of Electro Rent Corporation
PR Newswire - Wed Jun 01, 10:07AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Electro Rent Corporation ("Electro Rent" or the "Company"
(NASDAQ: ELRC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Platinum Equity in a transaction valued at approximately $323.4 million. ELRC: 13.07 (unch)
Wolf Popper LLP Investigates Buyout of Electro Rent Corporation by Platinum Equity
PR Newswire - Wed Jun 01, 9:45AM CDT
On May 1, 2016, a private equity firm, Platinum Equity announced that it is acquiring Electro Rent Corporation (NASDAQ: ELRC) for $13.12 per share. According to Carl Stine, who is a partner at Wolf Popper LLP, "Clearly, Platinum Equity is taking advantage on the fact that Electro Rent's Chairman plans to retire in July 2016 and wants to sell now, even if it's a bad price." The offer price is below at least one analyst's price target of $15.00 per share.
ELRC: 13.07 (unch)
Downgrade Alert for Electro Rent (ELRC)
Comtex SmarTrend(R) - Wed Jun 01, 3:20AM CDT
Electro Rent (NASDAQ:ELRC) was downgraded from Buy to Neutral at Sidoti today. The stock closed yesterday at $13.10 on volume of 1.6 million shares, above average daily volume of 23,000. Electro Rent Corporation offers rental, lease, and sale of electronic equipment. The Company's equipment consists primarily of general purpose test and measurement instruments. Electro also leases personal computers and workstations, and services its customers through a network of equipment calibration and service centers in the United States and Canada.
ELRC: 13.07 (unch)
ELECTRO RENT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Electro Rent Corporation
PR Newswire - Tue May 31, 10:01PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Electro Rent Corporation ("Electro Rent" or the "Company" (NASDAQ: ELRC) to Platinum Equity. Under the terms of the proposed transaction, shareholders of Electro Rent will receive only $13.12 in cash for each share of Electro Rent that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Electro Rent Corporation - ELRC
ACCESSWIRE - Tue May 31, 9:38PM CDT
BALA CYNWYD, PA / ACCESSWIRE / May 31, 2016 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Electro Rent Corporation ("Electro" or "the Company"
(Nasdaq: ELRC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Platinum Equity LLC ("Platinum". ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning the Fairness of the Sale of Electro Rent Corporation to Platinum Equity - ELRC
ACCESSWIRE - Tue May 31, 4:28PM CDT
NEW YORK, NY / ACCESSWIRE / May 31, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
ELRC: 13.07 (unch)
Harwood Feffer LLP Announces Investigation of Proposed Acquisition of Electro Rent Corporation (ELRC)
PR Newswire - Tue May 31, 4:13PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Electro Rent Corporation ("Electro Rent" or the "Company"
(NASDAQ: ELRC) concerning the proposed acquisition of the Company by Platinum Equity ("Platinum" that would take the Company private. ELRC: 13.07 (unch)
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Electro Rent Corporation - ELRC
PR Newswire - Tue May 31, 3:25PM CDT
Pomerantz LLP is investigating claims on behalf of investors of Electro Rent Corporation ("Electro Rent" or the "Company"
(NASDAQ: ELRC) (ISIN: US2852181039) (CUSIP: 285218103) concerning the proposed acquisition of Electro Rent by Platinum Equity. ELRC: 13.07 (unch)
ELECTRO RENT CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Tue May 31, 3:20PM CDT
Rigrodsky & Long, P.A.:
ELRC: 13.07 (unch)
Robbins Arroyo LLP: Acquisition of Electro Rent Corporation (ELRC) by Platinum Equity LLC May Not Be in Shareholders' Best Interests
BusinessWire - Tue May 31, 2:05PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Electro Rent Corp. (NASDAQ: ELRC) by Platinum Equity LLC. On May 31, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Platinum Equity will acquire Electro Rent. Under the terms of the agreement, Electro Rent shareholders will receive $13.12 in cash for each share of Electro Rent common stock.
ELRC: 13.07 (unch)
