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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Datalink Corp. | NASDAQ:DTLK | 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% | 11.24 | 11.24 | 11.27 | 0 | 00:00:00 |
From Nov 2019 to Nov 2024
SAN DIEGO, Nov. 7, 2016 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Datalink Corporation (NASDAQ: DTLK) breached their fiduciary duties in connection with the proposed sale of the Company to Insight Enterprises, Inc. Datalink provides data center services and solutions in the United States.
On November 7, 2016, Datalink announced it had signed a definitive merger agreement with Insight Enterprises. Under the terms of the agreement, Insight Enterprises will acquire all of the outstanding shares of Datalink common stock for $11.25 per share in cash.
The investigation concerns whether the Datalink board failed to satisfy their 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 Datalink shares of common stock. Nationally recognized Johnson & Weaver is investigating whether the proposed deal price represents adequate consideration.
If you are a shareholder of Datalink and believe the proposed buyout price is too low and you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, 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 http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
Logo - http://photos.prnewswire.com/prnh/20160211/332409LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/datalink-dtlk-alert-johnson--weaver-llp-launches-an-investigation-into-the-fairness-of-price-and-process-in-proposed-sale-of-datalink-corporation-is-1125-a-fair-price-300358268.html
SOURCE Johnson & Weaver, LLP
Copyright 2016 PR Newswire
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