CONVERSANT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
September 25 2014 - 1:47PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Conversant,
Inc. (NASDAQ GS: CNVR)?
- Did you purchase any of your shares
prior to September 11, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of
Conversant, Inc. (“Conversant” or the “Company”) (NASDAQ GS: CNVR)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Alliance Data Systems Corporation (“ADS”) (NYSE:
ADS), in a transaction valued at approximately $2.3 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/conversant-inc-cnvr.
Under the terms of the agreement, public shareholders of
Conversant can elect to receive a combination of cash and/or ADS
stock valued at $35.00 for each share of Conversant they own.
The investigation concerns whether Conversant’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Conversant’s shareholders before entering into
an agreement with ADS.
If you own the common stock of Conversant and purchased your
shares before September 11, 2014, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/conversant-inc-cnvr.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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