Law Offices of Howard G. Smith Announces Investigation of Market Leader Inc.
10 5월 2013 - 2:16AM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the Board of Directors of
Market Leader Inc. (“Market Leader” or the “Company”) (NASDAQ:LEDR)
related to the proposed acquisition of the Company by Trulia, Inc.
Under the terms of the acquisition, shareholders will receive $6 in
cash plus 0.1553 shares of Trulia for each share of Market Leader
owned. The transaction is valued at approximately $355 million.
This investigation concerns whether the Board of Directors of
Market Leader breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into the proposed transaction, and whether the Company has
disclosed all material information to shareholders about the
transaction. The Company has seen substantial recent growth. Its
share price has skyrocketed from $4.73 on August 30, 2012 to $10.02
on April 30, 2013. Further, at least one analyst has set a target
price for the Company’s stock at $11 per share.
If you are a shareholder of Market Leader, if you have
information or would like to learn more about our investigation, 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 Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at 215-638-4847,
Toll-Free at 888-638-4847, or by email to
howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
Market Leader, (MM) (NASDAQ:LEDR)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
Market Leader, (MM) (NASDAQ:LEDR)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025
