08.06.2010 01:00:00
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Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Mediacom Communications Corporation
Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Mediacom Communications Corporation ("Mediacom" or the "Company”) (NASDAQ:MCCC), related to an offer by Rocco B. Commisso ("Commisso”) to take the Company private and allegations that the offer undervalues the Company’s shares.
Pursuant to the offer, shareholders would receive $6.00 in cash for each share of the Company’s common stock they own. Commisso, Mediacom’s founder and Chief Executive Officer, owns 40% of the Company’s equity and controls approximately 87% of the Company’s voting rights.
If you own shares of Mediacom, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
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