SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of TIBCO Software, Inc. in Connection with the Sale of the Co...
01 Octubre 2014 - 4:35PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
TIBCO Software, Inc. (“TIBCO or the “Company”) (Nasdaq: TIBX)
relating to the proposed acquisition by Vista Equity Partners.
(“Vista”).
Click here to learn more about the investigation
http://brodsky-smith.com/832-tibx-tibco-software-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, TIBCO shareholders will
receive only $24.00 in cash for each share of TIBCO stock they own.
The investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of TIBCO
for not acting in the Company’s shareholders' best interests in
connection with the sale process. The transaction may undervalue
the company as TIBCO has a gross margin profit of 72.55%. In
addition, the transaction will result in a loss for many long-term
holders of TIBCO stock. TIBCO stock traded at $29.24 per share on
October 2, 2012 and traded at $26.89 per share on October 3,
2013.
If you own shares of TIBCO common stock and wish to discuss the
legal ramifications of the investigation, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/832-tibx-tibco-software-inc.html or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/832-tibx-tibco-software-inc.html
(MM) (NASDAQ:TIBX)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
(MM) (NASDAQ:TIBX)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about (MM) (NASDAQ): 0 recent articles
Más de Tibco Software, Inc. (MM) Artículos de Noticias