Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether members of the Board of Directors of Anaren, Inc. (Nasdaq: ANEN) breached their fiduciary duties in connection with the company's proposed acquisition by Veritas Capital.

On November 4, 2013, Anaren, Inc. announced the signing of a definitive merger agreement under which Anaren will be acquired by an affiliate of Veritas Capital for $28.00 per share in cash.

The investigation will determine whether Anaren's directors breached their fiduciary duties to stockholders in connection with the proposed acquisition. W. Scott Holleman, an attorney for Johnson & Weaver, stated that, "Anaren's offer appears to be inadequate and not in the best interest of the shareholders." Holleman continued, "Anaren has no long term debt, has over $50 million in cash and sales growth has been accelerating. Moreover, the deal represents a premium of only 12.4% over Anaren's closing price on November 1, 2013, the last trading day before the transaction was announced."

If you are interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-230-0063.

Johnson & Weaver, LLP is a nationally recognized shareholders' rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.

Johnson & Weaver, LLP
Jim Baker, 619-230-0063 Ext. 118
jimb@johnsonandweaver.com