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This is a Press Release edited by StorageNewsletter.com on November 17, 2010 at 3:30 pmFinkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Isilon Systems, Inc. concerning the sale of the Company to EMC Corp. for $33.85 in cash for every share of common stock owned in a transaction valued at approximately $2.25 billion, net of cash.
The investigation is focused on the potential unfairness of the deal price to Isilon shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Isilon Board members.