An investigation on behalf of investors in NYSE:IM shares in connection with the proposed takeover of Ingram Micro was announced and NYSE:IM stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/07/2016 -- An investigation for shareholders in Ingram Micro Inc. (NYSE:IM) was announced concerning the takeover of Ingram Micro Inc. by Tianjin Tianhai Investment Company for $38.90 per share is unfair.
Investors who purchased shares of Ingram Micro Inc. (NYSE:IM) and currently hold any of those NYSE:IM shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm concerns whether certain Ingram Micro directors breached their fiduciary duties owed to NYSE:IM investors in connection with the proposed acquisition.
On February 17, 2016, Ingram Micro Inc. (NYSE: IM) and Tianjin Tianhai Investment Company, Ltd. announced that they have entered into a merger agreement under which Tianjin Tianhai will acquire Ingram Micro for $38.90 per share in an all-cash transaction with an equity value of approximately $6.0 billion.
However, the investigation concerns whether the offer is unfair to NYSE:IM stockholders. More specifically, the investigation concerns whether the Ingram Micro 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.
On March 3, 2016, NYSE:IM shares closed at $36.01 per share.
Those who are current investors in Ingram Micro Inc. (NYSE:IM) shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego