NEW YORK, Aug. 3, 2016
/PRNewswire/ -- Tripp Levy PLLC, a leading national securities and
shareholder rights law firm, announces that it is investigating the
potential sale of Sizmek Inc. (NASDAQ: SZMK) ("Sizmek" or the
"Company") on behalf of its shareholders. Sizmek announced
that it has entered into a merger agreement with the private equity
firm Vector Capital for $3.90 per
share.
Our investigation has determined that the offer price of only
$3.90 per share, unfairly
under-values the true going forward inherent value of Sizmek and
that shareholders may not be receiving the maximum value for their
shares. Indeed, the book value per share of the Company is
worth $4.05, the Company has no long
term debt, and the stock traded as high as $7.74 per share within the past year. The
investigation further seeks to determine whether the Sizmek senior
management is entering into this deal for its' own self-interests
to the detriment of the Company's shareholders.
If you are a shareholder of Sizmek and would like additional
information as to how the proposed acquisition may affect your
rights as a shareholder, and how you may be eligible to obtain a
higher price for your shares, please contact us at no cost at:
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
International: 602-241-2841
Email: contact@tripplevy.com
www.tripplevy.com
Tripp Levy PLLC represents individual and institutional
shareholders in mergers and acquisitions transactions and has
assisted in the recovery of billions of dollars for shareholders in
securities actions around the globe.
Attorney advertising. Prior results do not indicate a
similar outcome.
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SOURCE Tripp Levy PLLC