Planar Systems (PLNR) 6.58 $PLNR
Planar Announces Closing of Merger with Leyard
BusinessWire - Fri Nov 27, 10:59AM CST
Planar Systems, Inc. (Nasdaq: PLNR), a global leader in display and digital signage technology, announced today that it has closed its sale to Leyard American Corporation, a subsidiary of Leyard Optoelectronic Co., Ltd., which designs, produces, and distributes a range of LED display products and its ancillary systems.
PLNR: 6.58 (+0.27)
SkyPad, Powered by Planar, Draws Visitors into the History and Future of the Space Needle
BusinessWire - Tue Nov 17, 8:05AM CST
Planar Systems, Inc. (NASDAQ: PLNR), a global leader in display and digital signage, today announced a one-of-a-kind video wall installation at Seattle's Space Needle, where the Space Age heritage of this World's Fair icon is seamlessly integrated with leading-edge digital signage technology of today.
PLNR: 6.58 (+0.27)
Planar Sponsors First-Ever OLED Transparent Display Design Competition
BusinessWire - Thu Nov 05, 8:10AM CST
Today, at the Xlab 2015 Conference presented by the Society for Experiential Graphic Design (SEGD), Planar Systems, Inc. (NASDAQ
LNR), a global leader in display and digital signage technology, announced it is sponsoring the first-ever Organic Light Emitting Diode (OLED) transparent display design competition, created to stimulate innovative uses of this breakthrough display technology.
PLNR: 6.58 (+0.27)
Planar Demonstrates Market Leadership and Innovation with Breakthrough Planar LookThru OLED Transparent Display
BusinessWire - Thu Nov 05, 8:05AM CST
Today, at the Xlab 2015 Conference presented by the Society for Experiential Graphic Design (SEGD), Planar Systems, Inc. (NASDAQ: PLNR), a global leader in display and digital signage technology, debuted the Planar(R) LookThru(TM) OLED transparent display, a breakthrough product that creates a new category for see-through displays, achieving the vision of futurists and science fiction filmmakers who have predicted a world filled with clear displays that present video content.
PLNR: 6.58 (+0.27)
Logitech (LOGI) Posts Mixed Earnings, Outlook Reiterated
Zacks Equity Research - Zacks Investment Research - Thu Oct 22, 10:02AM CDT
Logitech International SA (LOGI) declared second-quarter fiscal 2016 non-GAAP earnings of 22 cents per share, which fell below the year-ago quarter figure of 31 cents by 29.1%.
IMMR: 6.56 (-0.26), LOGI: 15.37 (-0.32), MRCY: 22.77 (+1.20), PLNR: 6.58 (+0.27)
Global Interactive Display Market 2015-2019 - High Demand from Retail and Education Sectors
M2 - Wed Oct 14, 10:19AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2mx4jw/global) has announced the addition of the "Global Interactive Display Market 2015-2019" report to their offering. The global interactive display market to grow at a CAGR of 14.90% over the period 2014-2019. By volume, the market is expected to grow at a CAGR of 17.27% during the forecast period. This report covers the present scenario and the growth prospects of the global interactive display market for the period 2015-2019. To calculate the market size, the report takes into account the revenue generated by sales of interactive displays and their unit shipments during the forecast period. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market. The report also includes a discussion on the key vendors operating in this market. Rise in usage of tablets is likely to contribute to the market growth in future. Sleek and handy tablet computers are replacing large interactive display machines. The use of tablets will reduce the cost and the portability issues related to interactive displays. According to the report, the favorable customer attitude toward self-service interface is the driver of the global interactive display market. Interactive displays function as a self-service tools and are an integral part retail outlets, educational institutions, meeting rooms, airports, and theaters. Further, the report states that obsolescence of technology is one of the major challenges that inhibit the growth of the global interactive display market. Key vendors - NEC - Panasonic - Planar Systems - Sharp - Smart Technologies Other prominent vendors - BenQ - Flextronics International - Hitachi - IER - iKS Technologies - Julong Educational Technology - LG Electronics - Lucidiom - Meridian Kiosks - Phoenix Kiosk - Promethean World - Rosendahl Concept Kiosk - Samsung Electronics - Seiko Epson - TouchMagix - Vestel For more information visit http://www.researchandmarkets.com/research/2mx4jw/global
FLEX: 12.82 (-0.10), SMT: 4.45 (-0.02), PLNR: 6.58 (+0.27)
Next-Generation Planar UltraRes Series 4K Displays Deliver the Ultimate Ultra HD Experience
BusinessWire - Wed Oct 07, 8:05AM CDT
Planar Systems, Inc. (NASDAQ LNR), a global leader in display and digital signage technology, today unveiled the next generation of its Planar(R) UltraRes(TM) Series 4K LCD display line, designed for ultra-high resolution commercial applications.
PLNR: 6.58 (+0.27)
Global Retail Touch Screen Display Market 2015-2019
M2 - Wed Sep 23, 4:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/bmtx8k/global_retail) has announced the addition of the "Global Retail Touch Screen Display Market 2015-2019" report to their offering. The adoption of touch screens at retail outlets globally has seen a significant rise to keep up with the advances in technology in the current market scenario. There are various technologies that are used depending on the type of application. Retail stores predominantly use resistive touch screen technology for various applications. Resistive technology will continue to be the major technology application in retail outlets. According to the report, the market is shifting to high-tech in-store mobile applications, which is a major trend in the retail industry, and thus projected capacitive technology, which is the leading technology used in smartphone and tablet displays, is expected to grow. The technology has seven times more endurance than resistive technology and thus can be a cost-effective solution in the long run. Projected capacitive technology can support multi-touch technology, which is another major industry trend. Further, the report states that increasing cost of production is a major challenge for this market. Key Topics Covered - Executive Summary - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Technology - Market Segmentation by End-users - Geographical Segmentation - Key Leading Countries - Buying Criteria - Vendor Landscape - Key Vendor Analysis Companies Mentioned - 3M - Atmel - Cypress Semiconductors - Digipos - Elo Touch Solution - Elo Touch Solution - Innolux - Key Tech - Melfas - NEC Display Solution - Planar Systems - Samsung Group - Sharp - Shenzhen L&M Electronic Technology - Smart Technologies - TPK Holding - Touch International - UMA Information Technologies - Wintek For more information visit http://www.researchandmarkets.com/research/bm...bal_retail
ATML: 8.14 (+0.02), SMT: 4.45 (-0.02), PLNR: 6.58 (+0.27)
Planar Announces Early Termination of Hart-Scott-Rodino Waiting Period
BusinessWire - Mon Sep 21, 4:16PM CDT
Planar Systems, Inc. (Nasdaq: PLNR), a global leader in display and digital signage technology, announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"
, applicable to its proposed acquisition by Leyard Optoelectronic Co., Ltd., was terminated early by the United States Federal Trade Commission on September 17, 2015.
PLNR: 6.58 (+0.27)
Planar Clarity Matrix LCD Video Wall Helps Sell Condominiums in Competitive South Florida Market
BusinessWire - Wed Sep 16, 8:05AM CDT
Planar Systems, Inc. (NASDAQ: PLNR), a global leader in display and digital signage technology, today announced that the developers of PARAMOUNT Miami Worldcenter, have chosen Planar's Clarity(R) Matrix(TM) LCD Video Wall System to help market the luxury condominiums to future buyers.
PLNR: 6.58 (+0.27)
Can Planar Systems (PLNR) Run Higher on Strong Earnings Estimate Revisions?
Zacks Equity Research - Zacks Investment Research - Tue Sep 08, 7:59AM CDT
Planar Systems has decent short-term momentum and is seeing solid activity on the earnings estimate revision front as well
PLNR: 6.58 (+0.27)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Planar Systems, Inc. And Encourages Investors To Contact The Firm For Additional Information
PR Newswire - Tue Aug 25, 3:32PM 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 Planar Systems, Inc. ("Planar" or the "Company" (Nasdaq: PLNR) relating to the proposed buyout of the Company by Optoelectronic Co., Ltd.
PLNR: 6.58 (+0.27)
Law Offices of Marc S. Henzel Announces Securities Class Action Periods
PR Newswire - Thu Aug 20, 8:11AM CDT
The Law Offices of Marc S. Henzel (www.henzellaw.com), a firm focusing on shareholder litigation, gives notice to purchasers of the following securities for the following class periods:
WFM: 34.31 (-0.47), IDI: 4.83 (+0.13), MDCA: 17.89 (-0.51), WMS: 26.35 (-0.76), PAA: 27.05 (-0.46), TNET: 20.10 (-0.21), VDSI: 16.87 (-0.29), SWI: 59.98 (unch), ONDK: 5.11 (+0.06), HILL: 9.75 (unch), ITG: 16.63 (-0.47), EZPW: 6.59 (-0.10), SOCB: 14.39 (-0.12), ABGB: 1.02 (-0.36), LOCK: 14.50 (-0.03), PLNR: 6.58 (+0.27), ZU: 17.40 (-0.06), XOMA: 0.66 (-0.01), CTCT: 32.01 (+1.39)
Planar Systems, Inc. Stockholders Encouraged to Contact Securities Law Firm about Takeover
PR Newswire - Wed Aug 19, 2:49PM CDT
Securities lawyers at Dunnam & Dunnam are investigating the board of Planar Systems, Inc. (NASDAQ: PLNR) in connection with a buyout for only $6.58 per share. Concerned PLNR investors are encouraged to contact attorney Hamilton Lindley by clicking here.
PLNR: 6.58 (+0.27)
PLANAR SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Planar Systems, Inc. (PLNR) Over the Proposed Sale of the Company to Leyard Optoelectronic Co., Ltd.
PR Newswire - Tue Aug 18, 9:00AM CDT
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Planar Systems, Inc. ("Planar" or the "Company" (Nasdaq LNR) for potential breaches of fiduciary duties in connection with the sale of the Company to Leyard Optoelectronic Co., Ltd. for approximately $157 million in cash.
PLNR: 6.58 (+0.27)
Glancy Prongay & Murray LLP is Investigating Planar Systems, Inc. Board of Directors
BusinessWire - Mon Aug 17, 5:52PM CDT
Glancy Prongay & Murray LLP is investigating potential claims against the Board of Directors of Planar Systems, Inc. ("Planar" or the "Company" (NASDAQ LNR) related to the proposed acquisition of the Company by Leyard Optoelectronic, Ltd. The transaction is valued at approximately $156.8 million. The Company's shareholders will receive $6.58 for each share of Planar they own.
PLNR: 6.58 (+0.27)
WeissLaw LLP Investigates The Proposed Planar Systems, Inc. Acquisition
PR Newswire - Mon Aug 17, 2:26PM CDT
The fairness of the proposed acquisition of Planar Systems, Inc. ("PLNR" or the "Company" by Leyard Optoelectronic Co. Ltd. ("Leyard" is the subject of an investigation by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of PLNR for agreeing to sell the Company to Leyard. On August 12, 2015, the Company announced it had reached a definitive agreement for Leyard to acquire PLNR for $156.8 million. Under the terms of the agreement, PLNR shareholders will receive $6.58 for each PLNR share they own.
PLNR: 6.58 (+0.27)
PLANAR SYSTEMS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Planar Systems, Inc.
PR Newswire - Mon Aug 17, 12:17PM 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 Planar Systems, Inc. ("Planar" or the "Company" (NASDAQ: PLNR) to a U.S. affiliate of Leyard Optoelectronic Co., Ltd. Under the terms of the proposed transaction, shareholders of Planar will receive only $6.58 in cash for each share of Planar 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.
PLNR: 6.58 (+0.27)
Ryan & Maniskas, LLP Announces Investigation of Planar Systems Inc.
PR Newswire - Mon Aug 17, 9:51AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Planar Systems Inc. ("Planar" or the "Company" (NASDAQ: PLNR) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Leyard Optoeletronic Co., Ltd. in a transaction valued at approximately $156.8 million.
PLNR: 6.58 (+0.27)
Planar Announces Closing of Merger with Leyard
BusinessWire - Fri Nov 27, 10:59AM CST
Planar Systems, Inc. (Nasdaq: PLNR), a global leader in display and digital signage technology, announced today that it has closed its sale to Leyard American Corporation, a subsidiary of Leyard Optoelectronic Co., Ltd., which designs, produces, and distributes a range of LED display products and its ancillary systems.
PLNR: 6.58 (+0.27)
SkyPad, Powered by Planar, Draws Visitors into the History and Future of the Space Needle
BusinessWire - Tue Nov 17, 8:05AM CST
Planar Systems, Inc. (NASDAQ: PLNR), a global leader in display and digital signage, today announced a one-of-a-kind video wall installation at Seattle's Space Needle, where the Space Age heritage of this World's Fair icon is seamlessly integrated with leading-edge digital signage technology of today.
PLNR: 6.58 (+0.27)
Planar Sponsors First-Ever OLED Transparent Display Design Competition
BusinessWire - Thu Nov 05, 8:10AM CST
Today, at the Xlab 2015 Conference presented by the Society for Experiential Graphic Design (SEGD), Planar Systems, Inc. (NASDAQ
LNR), a global leader in display and digital signage technology, announced it is sponsoring the first-ever Organic Light Emitting Diode (OLED) transparent display design competition, created to stimulate innovative uses of this breakthrough display technology. PLNR: 6.58 (+0.27)
Planar Demonstrates Market Leadership and Innovation with Breakthrough Planar LookThru OLED Transparent Display
BusinessWire - Thu Nov 05, 8:05AM CST
Today, at the Xlab 2015 Conference presented by the Society for Experiential Graphic Design (SEGD), Planar Systems, Inc. (NASDAQ: PLNR), a global leader in display and digital signage technology, debuted the Planar(R) LookThru(TM) OLED transparent display, a breakthrough product that creates a new category for see-through displays, achieving the vision of futurists and science fiction filmmakers who have predicted a world filled with clear displays that present video content.
PLNR: 6.58 (+0.27)
Logitech (LOGI) Posts Mixed Earnings, Outlook Reiterated
Zacks Equity Research - Zacks Investment Research - Thu Oct 22, 10:02AM CDT
Logitech International SA (LOGI) declared second-quarter fiscal 2016 non-GAAP earnings of 22 cents per share, which fell below the year-ago quarter figure of 31 cents by 29.1%.
IMMR: 6.56 (-0.26), LOGI: 15.37 (-0.32), MRCY: 22.77 (+1.20), PLNR: 6.58 (+0.27)
Global Interactive Display Market 2015-2019 - High Demand from Retail and Education Sectors
M2 - Wed Oct 14, 10:19AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2mx4jw/global) has announced the addition of the "Global Interactive Display Market 2015-2019" report to their offering. The global interactive display market to grow at a CAGR of 14.90% over the period 2014-2019. By volume, the market is expected to grow at a CAGR of 17.27% during the forecast period. This report covers the present scenario and the growth prospects of the global interactive display market for the period 2015-2019. To calculate the market size, the report takes into account the revenue generated by sales of interactive displays and their unit shipments during the forecast period. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market. The report also includes a discussion on the key vendors operating in this market. Rise in usage of tablets is likely to contribute to the market growth in future. Sleek and handy tablet computers are replacing large interactive display machines. The use of tablets will reduce the cost and the portability issues related to interactive displays. According to the report, the favorable customer attitude toward self-service interface is the driver of the global interactive display market. Interactive displays function as a self-service tools and are an integral part retail outlets, educational institutions, meeting rooms, airports, and theaters. Further, the report states that obsolescence of technology is one of the major challenges that inhibit the growth of the global interactive display market. Key vendors - NEC - Panasonic - Planar Systems - Sharp - Smart Technologies Other prominent vendors - BenQ - Flextronics International - Hitachi - IER - iKS Technologies - Julong Educational Technology - LG Electronics - Lucidiom - Meridian Kiosks - Phoenix Kiosk - Promethean World - Rosendahl Concept Kiosk - Samsung Electronics - Seiko Epson - TouchMagix - Vestel For more information visit http://www.researchandmarkets.com/research/2mx4jw/global
FLEX: 12.82 (-0.10), SMT: 4.45 (-0.02), PLNR: 6.58 (+0.27)
Next-Generation Planar UltraRes Series 4K Displays Deliver the Ultimate Ultra HD Experience
BusinessWire - Wed Oct 07, 8:05AM CDT
Planar Systems, Inc. (NASDAQ
LNR), a global leader in display and digital signage technology, today unveiled the next generation of its Planar(R) UltraRes(TM) Series 4K LCD display line, designed for ultra-high resolution commercial applications. PLNR: 6.58 (+0.27)
Global Retail Touch Screen Display Market 2015-2019
M2 - Wed Sep 23, 4:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/bmtx8k/global_retail) has announced the addition of the "Global Retail Touch Screen Display Market 2015-2019" report to their offering. The adoption of touch screens at retail outlets globally has seen a significant rise to keep up with the advances in technology in the current market scenario. There are various technologies that are used depending on the type of application. Retail stores predominantly use resistive touch screen technology for various applications. Resistive technology will continue to be the major technology application in retail outlets. According to the report, the market is shifting to high-tech in-store mobile applications, which is a major trend in the retail industry, and thus projected capacitive technology, which is the leading technology used in smartphone and tablet displays, is expected to grow. The technology has seven times more endurance than resistive technology and thus can be a cost-effective solution in the long run. Projected capacitive technology can support multi-touch technology, which is another major industry trend. Further, the report states that increasing cost of production is a major challenge for this market. Key Topics Covered - Executive Summary - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Technology - Market Segmentation by End-users - Geographical Segmentation - Key Leading Countries - Buying Criteria - Vendor Landscape - Key Vendor Analysis Companies Mentioned - 3M - Atmel - Cypress Semiconductors - Digipos - Elo Touch Solution - Elo Touch Solution - Innolux - Key Tech - Melfas - NEC Display Solution - Planar Systems - Samsung Group - Sharp - Shenzhen L&M Electronic Technology - Smart Technologies - TPK Holding - Touch International - UMA Information Technologies - Wintek For more information visit http://www.researchandmarkets.com/research/bm...bal_retail
ATML: 8.14 (+0.02), SMT: 4.45 (-0.02), PLNR: 6.58 (+0.27)
Planar Announces Early Termination of Hart-Scott-Rodino Waiting Period
BusinessWire - Mon Sep 21, 4:16PM CDT
Planar Systems, Inc. (Nasdaq: PLNR), a global leader in display and digital signage technology, announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"
, applicable to its proposed acquisition by Leyard Optoelectronic Co., Ltd., was terminated early by the United States Federal Trade Commission on September 17, 2015. PLNR: 6.58 (+0.27)
Planar Clarity Matrix LCD Video Wall Helps Sell Condominiums in Competitive South Florida Market
BusinessWire - Wed Sep 16, 8:05AM CDT
Planar Systems, Inc. (NASDAQ: PLNR), a global leader in display and digital signage technology, today announced that the developers of PARAMOUNT Miami Worldcenter, have chosen Planar's Clarity(R) Matrix(TM) LCD Video Wall System to help market the luxury condominiums to future buyers.
PLNR: 6.58 (+0.27)
Can Planar Systems (PLNR) Run Higher on Strong Earnings Estimate Revisions?
Zacks Equity Research - Zacks Investment Research - Tue Sep 08, 7:59AM CDT
Planar Systems has decent short-term momentum and is seeing solid activity on the earnings estimate revision front as well
PLNR: 6.58 (+0.27)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Planar Systems, Inc. And Encourages Investors To Contact The Firm For Additional Information
PR Newswire - Tue Aug 25, 3:32PM 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 Planar Systems, Inc. ("Planar" or the "Company"
(Nasdaq: PLNR) relating to the proposed buyout of the Company by Optoelectronic Co., Ltd. PLNR: 6.58 (+0.27)
Law Offices of Marc S. Henzel Announces Securities Class Action Periods
PR Newswire - Thu Aug 20, 8:11AM CDT
The Law Offices of Marc S. Henzel (www.henzellaw.com), a firm focusing on shareholder litigation, gives notice to purchasers of the following securities for the following class periods:
WFM: 34.31 (-0.47), IDI: 4.83 (+0.13), MDCA: 17.89 (-0.51), WMS: 26.35 (-0.76), PAA: 27.05 (-0.46), TNET: 20.10 (-0.21), VDSI: 16.87 (-0.29), SWI: 59.98 (unch), ONDK: 5.11 (+0.06), HILL: 9.75 (unch), ITG: 16.63 (-0.47), EZPW: 6.59 (-0.10), SOCB: 14.39 (-0.12), ABGB: 1.02 (-0.36), LOCK: 14.50 (-0.03), PLNR: 6.58 (+0.27), ZU: 17.40 (-0.06), XOMA: 0.66 (-0.01), CTCT: 32.01 (+1.39)
Planar Systems, Inc. Stockholders Encouraged to Contact Securities Law Firm about Takeover
PR Newswire - Wed Aug 19, 2:49PM CDT
Securities lawyers at Dunnam & Dunnam are investigating the board of Planar Systems, Inc. (NASDAQ: PLNR) in connection with a buyout for only $6.58 per share. Concerned PLNR investors are encouraged to contact attorney Hamilton Lindley by clicking here.
PLNR: 6.58 (+0.27)
PLANAR SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Planar Systems, Inc. (PLNR) Over the Proposed Sale of the Company to Leyard Optoelectronic Co., Ltd.
PR Newswire - Tue Aug 18, 9:00AM CDT
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Planar Systems, Inc. ("Planar" or the "Company"
(Nasdaq LNR) for potential breaches of fiduciary duties in connection with the sale of the Company to Leyard Optoelectronic Co., Ltd. for approximately $157 million in cash. PLNR: 6.58 (+0.27)
Glancy Prongay & Murray LLP is Investigating Planar Systems, Inc. Board of Directors
BusinessWire - Mon Aug 17, 5:52PM CDT
Glancy Prongay & Murray LLP is investigating potential claims against the Board of Directors of Planar Systems, Inc. ("Planar" or the "Company"
(NASDAQ LNR) related to the proposed acquisition of the Company by Leyard Optoelectronic, Ltd. The transaction is valued at approximately $156.8 million. The Company's shareholders will receive $6.58 for each share of Planar they own. PLNR: 6.58 (+0.27)
WeissLaw LLP Investigates The Proposed Planar Systems, Inc. Acquisition
PR Newswire - Mon Aug 17, 2:26PM CDT
The fairness of the proposed acquisition of Planar Systems, Inc. ("PLNR" or the "Company"
by Leyard Optoelectronic Co. Ltd. ("Leyard" is the subject of an investigation by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of PLNR for agreeing to sell the Company to Leyard. On August 12, 2015, the Company announced it had reached a definitive agreement for Leyard to acquire PLNR for $156.8 million. Under the terms of the agreement, PLNR shareholders will receive $6.58 for each PLNR share they own. PLNR: 6.58 (+0.27)
PLANAR SYSTEMS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Planar Systems, Inc.
PR Newswire - Mon Aug 17, 12:17PM 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 Planar Systems, Inc. ("Planar" or the "Company" (NASDAQ: PLNR) to a U.S. affiliate of Leyard Optoelectronic Co., Ltd. Under the terms of the proposed transaction, shareholders of Planar will receive only $6.58 in cash for each share of Planar 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. PLNR: 6.58 (+0.27)
Ryan & Maniskas, LLP Announces Investigation of Planar Systems Inc.
PR Newswire - Mon Aug 17, 9:51AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Planar Systems Inc. ("Planar" or the "Company"
(NASDAQ: PLNR) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Leyard Optoeletronic Co., Ltd. in a transaction valued at approximately $156.8 million. PLNR: 6.58 (+0.27)
