Ryan & Maniskas, LLP Announces Investigation of Interactive Data Corporation
May 04 2010 - 3:15PM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/idc) has
commenced an investigation into possible breaches of fiduciary duty
and other violations of state law by members of the Board of
Directors of Interactive Data Corporation (“Interactive Data” or
the “Company”) (NYSE:IDC) in connection with their actions in
causing Interactive Data to enter into a merger agreement with
Silver Lake and Warburg Pincus.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to approval of the transaction
by Company’s board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of Interactive Data. For more information regarding
our investigation please contact Richard A. Maniskas, Esquire
toll-free: (877) 316-3218 or visit:
www.rmclasslaw.com/cases/idc.
Under the agreement, shareholders of Interactive Data will
receive $33.86 in cash for each share of Interactive Data common
stock they own.
If you own shares of Interactive Data and would like to learn
more about these claims or if you wish to discuss these matters and
have any questions concerning this announcement or your rights,
contact Richard A. Maniskas, Esquire toll-free: (877) 316-3218 or
visit: www.rmclasslaw.com/cases/idc. You may also email Mr.
Maniskas at rmaniskas@rmclasslaw.com. For more information about
class action cases in general, please visit our website:
www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan and Maniskas, LLP is devoted to protecting the interests
of individual and institutional investors in shareholder actions in
state and federal courts nationwide.
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