SAN DIEGO, Jan. 11, 2018 /PRNewswire/ -- Shareholder
rights law firm Johnson Fistel, LLP has launched an investigation
into whether the board members of DST Systems, Inc. ("DST")
(NYSE: DST) breached their fiduciary duties in connection with the
proposed sale of the Company to SS&C Technologies Holdings,
Inc. (SS&C) (NASDAQ: SSNC). DST
provides technology-based information processing and servicing
solutions.
On January 11, 2018, DST announced
that it had signed a definitive merger agreement with SS&C.
Under the terms, SS&C will acquire DST for $84.00 per share in cash.
The investigation concerns whether the DST board failed to
satisfy its 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 DST shares
of common stock.
If you are a shareholder of DST and believe the proposed buyout
price is too low, or you're interested in learning more about the
investigation or your legal rights and remedies, please contact
lead analyst Jim Baker
(jimb@johnsonfistel.com) at 619-814-4471. If emailing,
please include a phone number.
About Johnson Fistel, LLP:
Johnson Fistel, 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.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP