DIGITAL RIVER, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
05 12월 2014 - 1:10AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Digital River,
Inc. (NASDAQ GS: DRIV)?
- Did you purchase any of your shares
prior to October 23, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Digital
River, Inc. (“Digital River” or the “Company”) (NASDAQ GS: DRIV)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by an investor group led by Siris Capital Group, LLC
(collectively “Siris”), in a transaction valued at approximately
$840 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/digital-river-inc-driv.
Under the terms of the agreement, public shareholders of Digital
River would receive $26.00 per share in cash for each share of
Digital River they own.
The investigation concerns whether Digital River’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Digital River’s shareholders before entering
into an agreement with Siris.
If you own the common stock of Digital River and purchased your
shares before October 23, 2014, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/digital-river-inc-driv.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888)
969-4242(302) 295-5310Fax: (302)
654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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