ZULILY SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of zulily, Inc. (ZU) Over the Proposed Sale of th...

NEW YORK, Aug. 21, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of zulily, Inc.  ("zulily" or the "Company") (NasdaqGS:ZU) for potential breaches of fiduciary duties in connection with the sale of the Company to Liberty Interactive for approximately $2.4 billion in a cash and stock transaction.

The Company's stockholders will only receive $9.375 in cash and 0.3098 newly issued shares of Liberty Interactive for each Company share they own. This is approximately $18.17 per share based on Liberty Interactive's opening price on August 20, 2015. However, the offer represents an inadequate premium over the Company's opening price per share of $18.14 on August 21, 2015, and it is even below the median analyst price target of $18.75 per share.

Click here for more information: www.faruqilaw.com/ZU.  There is no cost or obligation to you.

The investigation focuses on whether zulily's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of zulily's  shareholders.

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. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in zulily and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/ZU or contact Juan E. Monteverde, Esq. either via e-mail at [e-mail] or by telephone at [phone] or [phone]. 

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
[e-mail]
Toll Free: [phone]
Phone:    [phone]

Attorney Advertising. (C) 2015 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.

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SOURCE Faruqi & Faruqi, LLP

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