Shareholders Foundation, Inc.

NASDAQ:EXA Shareholder Alert: Investigation of Takeover of Exa Corp by Dassault Systemes

An investigation on behalf of investors of Exa Corp (NASDAQ:EXA) in connection with the proposed takeover was announced and NASDAQ:EXA stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 10/09/2017 -- An investigation was announced for investors, who currently hold shares of Exa Corp (NASDAQ:EXA), was announced concerning whether the takeover of Exa Corp. by Dassault Systemes for $24.25 per share is unfair.

Investors who purchased shares of Exa Corp (NASDAQ:EXA) and currently hold any of those NASDAQ:EXA 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 directors of Exa Corp breached their fiduciary duties owed to NASDAQ:EXA investors in connection with the proposed acquisition.

On September 28, 2017, Exa Corp (NASDAQ:EXA) announced that its Board of Directors has unanimously agreed to be acquired by Dassault Systemes in a transaction valued at approximately $400 million or $24.25 per share.

However, the investigation concerns whether the offer is unfair to NASDAQ:EXA stockholders. More specifically, the investigation concerns whether the Exa 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 Exa Corp (NASDAQ:EXA) closed on October 6, 2017 at $24.66 per share.

Those who are current investors in Exa Corp (NASDAQ:EXA) 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