Finkelstein Thompson LLP Investigates Potentially Unfair Buyout of iGate Corp.
April 29 2015 - 11:03AM
Business Wire
The law firm of Finkelstein Thompson LLP is investigating
potential claims on behalf of shareholders of iGate Corp.
(Nasdaq: IGTE), concerning the Company’s proposed acquisition by
Cap Gemini S.A. (PAR: CAP.PA). Under the terms of the proposal,
iGate shareholders will receive $48.00 in cash for each share
of iGate common stock they own. At least one analyst has set a
high target price of $55.00 for iGate shares. The entire
transaction is valued at approximately $4.0 billion.
The investigation is focused on whether iGate’s Board of
Directors breached its fiduciary duty in failing to maximize
consideration to shareholders, the potential unfairness of the
consideration to shareholders, the process by which the Board of
Directors considered the transaction, and potential conflicts of
interest among the iGates’ Board of Directors’ members.
If you are interested in discussing your rights as an iGate
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson’s Washington, DC offices at
(877) 337-1050 or (202) 337-8000, or by email
at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or
co-counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
website at www.finkelsteinthompson.com. Attorney advertising.
Prior results do not guarantee similar outcomes.
Finkelstein Thompson LLPRosalee B. C. Thomas,
877-337-1050rbcthomas@finkelsteinthompson.com
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