We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Interactive Intelligence Grp., Inc. | NASDAQ:ININ | 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% | 60.50 | 60.45 | 60.50 | 0 | 01:00:00 |
Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Interactive Intelligence Group, Inc. (NASDAQGS: ININ) breached their fiduciary duties to shareholders in connection with the sale of the company to Genesys Telecommunications Laboratories, Inc. ("Genesys"). Interactive Intelligence provides software and cloud services for customer engagement, communications, and collaboration worldwide.
Interactive Intelligence Undervalues Company in Transaction
On August 31, 2016, Interactive Intelligence announced that it had signed a definitive merger agreement with Genesys. Under the terms of the transaction, Interactive Intelligence shareholders will receive $60.50 per share in cash. However, the Interactive Intelligence board of directors may not have adequately pursued alternatives to the acquisition or obtained the best possible price for Interactive Intelligence shares of common stock. For example, Interactive Intelligence stock traded at $80.47 per share on January 30, 2014, and a Wall Street analyst set a $67.00 per share price target for the company's stock. The transaction appears to undervalue the company and will result in a loss for Interactive Intelligence shareholders.
View this press release on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/interactive-intelligence-group-inc
Interactive Intelligence Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.
Attorney Advertising. Past results do not guarantee a similar outcome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161205006400/en/
Robbins Arroyo LLPDarnell R. Donahue(619) 525-3990 or Toll Free (800) 350-6003DDonahue@robbinsarroyo.comwww.robbinsarroyo.com
1 Year Interactive Intelligence Grp., Inc. Chart |
1 Month Interactive Intelligence Grp., Inc. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions