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DBTK Double-Take Software (MM)

10.55
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Double-Take Software (MM) NASDAQ:DBTK 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% 10.55 0 01:00:00

Law Office of Brodsky & Smith, LLC Announces Investigation of Double-Take Software, Inc.

18/05/2010 9:43pm

Business Wire


Double-Take Software (MM) (NASDAQ:DBTK)
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Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Double-Take Software, Inc. (“Double-Take” or the “Company”) (Nasdaq: DBTK) relating to the proposed acquisition by Vision Solutions, Inc., a portfolio company of the private equity firm Thoma Bravo, LLC.

Under the terms of the offer, Double-Take shareholders would receive cash of $10.55 for each share of Double-Take stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law. The transaction appears to be unfair, in part, given that Double-Take stock was trading at $10.49 a share as recently as October 13, 2009 and was trading at $10.60 a share on January 19, 2010

If you own shares of Double-Take and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90.

1 Year Double-Take Software (MM) Chart

1 Year Double-Take Software (MM) Chart

1 Month Double-Take Software (MM) Chart

1 Month Double-Take Software (MM) Chart

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