An investigation on behalf of investors of NYSE:IMPR in connection with the proposed takeover was announced and NYSE:IMPR stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 07/18/2016 -- An investigation on behalf of investors, who currently hold NYSE:IMPR shares, was announced concerning whether the takeover of Imprivata Inc. is unfair to NYSE:IMPR stockholders.
Investors who purchased shares of Imprivata Inc (NYSE:IMPR) and currently hold any of those NYSE:IMPR shares have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Imprivata directors breached their fiduciary duties owed to NYSE:IMPR investors in connection with the proposed acquisition.
On July 13, 2016, Imprivata Inc (NYSE:IMPR) announced that it has entered into an agreement to be acquired by an affiliate of private equity investment firm Thoma Bravo, LLC. Under the terms of the agreement, shareholders of record of Imprivata Inc (NYSE:IMPR) will receive $19.25 in cash per share of Imprivata common stock.
However, the investigation concerns whether the offer is unfair to NYSE:IMPR stockholders. More specifically, the investigation concerns whether the Imprivata 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 Imprivata Inc (NYSE:IMPR) closed on July 15, 2016 at $19.05 per share.
Those who are current investors in Imprivata Inc shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego