PR Newswire | Dec 21, 2020 02:15PM EST

12/21 13:14 CST

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of RigNet, Inc. NEW YORK, Dec. 21, 2020

NEW YORK, Dec. 21, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by RigNet, Inc. (NASDAQ: RNET) and its board of directors concerning the proposed acquisition of the company by Viasat Inc. (NASDAQ: VSAT). Stockholders will receive 0.1845 shares of Viasat common stock for each share of RigNet stock that they hold. The transaction is valued at approximately $222 million and is expected to close by mid-2021.

If you are a stockholder of RigNet, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/rnet/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.

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SOURCE Rowley Law PLLC