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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Archipelago Learning, Inc. (MM) | NASDAQ:ARCL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 11.09 | 0 | 01:00:00 |
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Archipelago Learning, Inc. (“Archipelago” or the “Company”) (NASDAQ: ARCL) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to PLATO Learning, a portfolio company of Thoma Bravo, LLC, in an all-cash deal valued at about $291 million. Under the terms of the proposed transaction, Archipelago stockholders will receive $11.10 in cash for each share of Archipelago common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $12 for Archipelago.
Request more information now by clicking here: www.faruqilaw.com/ARCL
Whether Archipelago’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Archipelago’s shares and by how much this proposed transaction undervalues the Company to the detriment of Archipelago’s shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Archipelago and wish to obtain additional information, please visit us at www.faruqilaw.com/ARCL or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
1 Year Archipelago Learning, Inc. (MM) Chart |
1 Month Archipelago Learning, Inc. (MM) Chart |
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