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Under the proposed agreement, DynCorp shareholders aerotech rockets will receive $17.55 per share in

Downgrades & investigations – DynCorp aquisition could be a bumpy ride » Ms Sparky
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Rigrodsky & Long, P.A. Announces Investigation aerotech rockets of DynCorp International Inc. WILMINGTON, Del., Apr 12, 2010 (BUSINESS WIRE) — Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of DynCorp International Inc. (“DynCorp” or the “Company”) aerotech rockets concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into a definitive agreement to be acquired by Cerberus Capital Management, L.P. (“Cerberus”) in a transaction valued at approximately $1.5 billion. aerotech rockets
Under the proposed agreement, DynCorp shareholders aerotech rockets will receive $17.55 per share in cash for each share of DynCorp common stock they own. The investigation concerns whether DynCorp’s board of directors failed to adequately shop the Company and obtain the best price possible for its shareholders. At least one analyst has set a price target of $20.00 per share and as recently as DynCorp’s February 3, 2010 third quarter fiscal year 2010 financial results announcement, the Company announced a 15.5% increase in revenue over the third quarter of fiscal year 2009 and DynCorp’s CEO stated: “with a healthy backlog aerotech rockets and pipeline, and two recent acquisitions opening

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