HPOL SHAREHOLDER ALERT: The Law Firm of Wohl & Fruchter is Investigating the Acquisition of Harris Interactive Inc. by Nielse...
26 11월 2013 - 3:35AM
Business Wire
The law firm of Wohl & Fruchter LLP is investigating the
acquisition of Harris Interactive Inc. (Harris) (Nasdaq:HPOL) by
Nielsen Holdings N.V. (Nielsen).
On November 25, 2013, Harris announced that it had entered into
an agreement to be acquired by Nielsen for $2 per share in cash.
Under the terms of the merger agreement, Nielsen will commence a
tender offer to acquire all of the outstanding shares of Harris
common stock through a wholly owned subsidiary formed for the
purpose of making the offer.
The price being paid by Nielsen is nearly 4% below the $2.08 per
share at which the shares of Harris closed on Friday, November 22,
2013.
Additionally, under the agreement, Harris is subject to a
“no-shop” restriction on its ability to solicit alternative
acquisition proposals, and to provide information to and engage in
discussions with third parties.
Wohl & Fruchter’s investigation concerns the adequacy of the
consideration being paid to HPOL shareholders, and whether the
board of directors of Harris breached their fiduciary duties to
HPOL shareholders by failing to adequately shop the company.
Persons with relevant information, and HPOL shareholders with
questions about this investigation, are invited to contact our Firm
by calling 866.833.6245, or contacting the attorney below.
Additional information, including a copy of the Form 8-K filed
by Harris announcing the transaction, is available
at http://www.wohlfruchter.com/cases/hpol.
About Wohl & Fruchter
Wohl & Fruchter LLP represents plaintiffs in litigation
arising from fraud and other fiduciary breaches by corporate
managers, as well as other complex litigation matters. Please visit
our website, www.wohlfruchter.com, to learn more about our Firm, or
contact one of our partners.
This release may be deemed to constitute attorney
advertising.
Wohl & Fruchter LLPJ. Elazar Fruchter,
845-425-4658jfruchter@wohlfruchter.comwww.wohlfruchter.com
Harris Interactive, Inc. (MM) (NASDAQ:HPOL)
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Harris Interactive, Inc. (MM) (NASDAQ:HPOL)
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