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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

Ryan & Maniskas, LLP Announces Investigation of Double-Take Software, Inc.

18/05/2010 12:00am

Business Wire


Double-Take Software (MM) (NASDAQ:DBTK)
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Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/dbtk) has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of Double-Take Software, Inc. (“Double-Take Software” or the “Company”) (NASDAQ:DBTK) in connection with their actions in causing Double-Take Software to enter into a merger agreement with Vision Solutions, Inc., a portfolio company of Thoma Bravo, LLC, in a transaction with a net offer value of approximately $242 million.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Double-Take Software. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/dbtk.

Under the terms of the agreement, Double-Take Software stockholders will receive $10.55 in cash for each share of Double-Take Software common stock they hold.

If you own shares of Double-Take Software and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/dbtk. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan and Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

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