Bull & Lifshitz Investigates on EMC/Isilon Acquisition

Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of Isilon Systems, Inc. by EMC Corporation in a cash transaction valued at approximately $2.25 billion, net of Isilon’s existing cash balance.

Under the terms of the transaction, EMC will pay $33.85 per share in cash in exchange for each share of Isilon. The boards of directors of both EMC and Isilon have unanimously approved the terms of the agreement.

Bull & Lifshitz, LLP’s investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.