San Diego, CA -- (SBWIRE) -- 12/19/2016 -- An investigation on behalf of investors, who currently hold shares of Lionbridge Technologies, Inc. (NASDAQ:LIOX), was announced over the takeover of Lionbridge Technologies, Inc. by an affiliate of private equity investment firm H.I.G for $5.75 per share.

Investors who purchased shares of Lionbridge Technologies, Inc. (NASDAQ:LIOX) and currently hold any of those NASDAQ:LIOX shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Lionbridge Technologies directors breached their fiduciary duties owed to NASDAQ:LIOX investors in connection with the proposed acquisition.

On Dec. 12, 2016, Lionbridge Technologies, Inc. announced that it has signed an agreement to be acquired by an affiliate of private equity investment firm H.I.G.. Under the terms of the agreement, Lionbridge Technologies, Inc. (NASDAQ:LIOX) stockholders will receive $5.75 per share in cash for each share.

However, given that at least one analyst has set the high target price for NASDAQ:LIOX at $7.00 per share, the investigation concerns whether the offer is unfair to NASDAQ:LIOX stockholders. More specifically, the investigation concerns whether the Lionbridge Technologies Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Shares of Lionbridge Technologies, Inc. (NASDAQ:LIOX) closed on December 16, 2016, at $5.87 per share.

Those who are current investors in Lionbridge Technologies, Inc. shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com