SAN DIEGO, June 10, 2019 /PRNewswire/ -- Shareholder rights
law firm Johnson Fistel, LLP has launched an investigation into
whether the board members of Tableau Software, Inc. (NYSE: DATA)
("Tableau") breached their fiduciary duties in connection with the
proposed sale of the Company to Salesforce (NYSE: CRM).
On June 10, 2019, Tableau
announced that it had signed a definitive merger agreement with
Salesforce. Under the terms of the merger agreement, Tableau
shareholders will get 1.103 Salesforce shares, valuing the offer at
$177.88 per share based on Salesforce
Friday closing price. However, shareholders will be subject to the
future price fluctuation of Salesforce stock price.
The investigation concerns whether the Tableau board failed to
satisfy its duties to the Company shareholders, including whether
the board adequately pursued alternatives to the acquisition and
whether the board obtained the best price possible for Tableau
shares of common stock.
If you are a shareholder of Tableau and believe the
proposed buyout price is too low or you're interested in learning
more about the investigation or your legal rights and remedies,
please contact lead analyst Jim
Baker (jimb@johnsonfistel.com) at
619-814-4471. If emailing, please include a
phone number.
Additionally, you can [Click here to join this action].
There is no cost or obligation to you.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York, and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
https://www.johnsonfistel.com. Attorney advertising. Past results
do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[Click here to join this action]
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SOURCE Johnson Fistel, LLP