Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of The Active Network, Inc. St
Oct 1st 2013 12:10PM
Updated Oct 1st 2013 12:12PM
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of The Active Network, Inc. Stockholders
NEW YORK--(BUSINESS WIRE)-- Kirby McInerney LLP is investigating potential claims against the Board of Directors of The Active Network, Inc. ("Active" or the "Company") (NYS: ACTV) concerning the proposed acquisition of the Company by Vista Equity Partners ("Vista"). Under the terms of the proposed transaction, Active stockholders will receive $14.50 in cash for each share of Zoltek owned, valuing the transaction at $584 million.
The investigation concerns whether Active's Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed consideration adequately values Active's common stock.
If you are an Active stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.
Kirby McInerney LLP
J. Brandon Walker, Esq.
212-699-1145 or 888-529-4787
KEYWORDS: United States North America New York
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