World News: 21:27 GMT Thursday 6th December 2018. [Kaskela Law via Globe Newswire via SPi World News]
RADNOR, Pa., Dec. 06, 2018 (GLOBE NEWSWIRE) -- Kaskela Law LLC is investigating the proposed sale of ConvergeOne Holdings, Inc. (“ConvergeOne” or the “Company”) (Nasdaq: CVON) on behalf of the Company’s stockholders.
On November 6, 2018, ConvergeOne announced that it had entered into an agreement to be acquired by affiliates of CVC Fund VII (“CVC”). According to the announcement, stockholders are expected to receive $12.50 per share in cash for their ConvergeOne shares.
The investigation seeks to determine whether ConvergeOne stockholders will receive adequate consideration for their shares, and whether the Company’s directors failed to meet their fiduciary obligations in connection with the sale of the Company.
ConvergeOne stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or online at , to discuss this investigation and their legal rights and options.
Kaskela Law LLC exclusively focuses on representing investors in state and federal actions. For additional information about Kaskela Law LLC please visit . This notice may constitute attorney advertising in certain jurisdictions.
Globe Newswire: 21:27 GMT Thursday 6th December 2018
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.