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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Radisys Corporation (NASDAQGS: RSYS) to Reliance Industries Limited for US$1.72 per share.
The Radisys merger investigation concerns whether the Board of Radisys breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Reliance Industries Limited is underpaying for Radisys shares, thus unlawfully harming Radisys shareholders.
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