NEW YORK, Sept. 28, 2018 /PRNewswire/ -- WeissLaw LLP
is investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of XO Group Inc.
("XOXO" or the "Company") (NYSE: XOXO) in connection with the
proposed acquisition of the Company by WeddingWire, Inc. Under the
terms of the acquisition agreement, shareholders will receive
$35.00 in cash for each XOXO share
they own.
If you own XOXO shares and wish to discuss
this investigation or have any questions concerning this notice or
your rights or interests, please contact:
Joshua
Rubin
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Visit our website
http://www.weisslawllp.com/xo-group-inc/
Or Follow us on Twitter @MarketsAlert
WeissLaw is investigating whether XOXO's Board acted to maximize
shareholder value prior to entering into the agreement.
Notably, XOXO shares traded for $35.83 as recently as July of this year.
Additionally, in its latest financial report, the Company announced
growth of 18% in local marketplace revenue.
Given these facts, WeissLaw is concentrating its investigation
on whether XOXO's Board conducted a fair process in agreeing to the
proposed acquisition, and whether the proposed acquisition
undervalues the Company. If you own XOXO shares and would
like more information about your rights or our investigation, or if
you have information to share with us, please contact
Joshua Rubin by telephone at
(888) 593-4771 or by email at
stockinfo@weisslawllp.com.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases.
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SOURCE WeissLaw LLP