SAN DIEGO, Nov. 7, 2016 /PRNewswire/ -- Shareholder rights
law firm Johnson & Weaver, LLP has launched an investigation
into whether the board members of Datalink Corporation (NASDAQ:
DTLK) breached their fiduciary duties in connection with the
proposed sale of the Company to Insight Enterprises, Inc. Datalink
provides data center services and solutions in the United States.
On November 7, 2016, Datalink
announced it had signed a definitive merger agreement with Insight
Enterprises. Under the terms of the agreement, Insight Enterprises
will acquire all of the outstanding shares of Datalink common stock
for $11.25 per share in cash.
The investigation concerns whether the Datalink board failed to
satisfy their duties to the Company shareholders, including whether
the board adequately pursued alternatives to the acquisition and
whether the board obtained the best price possible for Datalink
shares of common stock. Nationally recognized Johnson &
Weaver is investigating whether the proposed deal price represents
adequate consideration.
If you are a shareholder of Datalink and believe the proposed
buyout price is too low and you're interested in learning more
about the investigation or your legal rights and remedies, please
contact lead analyst Jim Baker
(jimb@johnsonandweaver.com) at 619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New
York and Georgia. 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. Attorney advertising. Past results
do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
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SOURCE Johnson & Weaver, LLP