WILMINGTON, Del., Nov. 2, 2015 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of Constant Contact, Inc. (NASDAQ GS:
CTCT)?
- Did you purchase any of your shares prior to November 2, 2015?
- 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 Constant
Contact, Inc. ("Constant Contact" or the "Company") (NASDAQ GS:
CTCT) regarding possible breaches of fiduciary duties and other
violations of law related to the Company's entry into an agreement
to be acquired by Endurance International Group Holdings, Inc.
("Endurance International") (NASDAQ GS: EIGI), in a transaction
valued at approximately $1.1
billion.
Click here to learn more:
http://rigrodskylong.com/investigations/constant-contact-inc-ctct.
Under the terms of the agreement, shareholders of Constant
Contact will receive $32.00 in cash
for each share of Constant Contact common stock.
The investigation concerns whether Constant Contact's board of
directors failed to adequately shop the Company and obtain the best
possible value for Constant Contact's shareholders before entering
into an agreement with Endurance International.
According to Yahoo! Finance, at least one analyst has issued
a price target for Constant Contact stock at $50.00 per share.
If you own the common stock of Constant Contact and purchased
your shares before November 2, 2015,
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://rigrodskylong.com/investigations/constant-contact-inc-ctct.
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.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
To view the original version on PR Newswire,
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SOURCE Rigrodsky & Long, P.A.