Harwood Feffer LLP Announces Investigation of Epicor Software
05 April 2011 - 2:04AM
Business Wire
Harwood Feffer LLP (www.hfesq.com)
is investigating potential claims against the board of directors of
Epicor Software ("Epicor" or the "Company") (NASDAQ: EPIC - News)
concerning the Company’s proposed acquisition of Epicor by APAX
Partners (“APAX”) for approximately $976 million.
Under the terms of the agreement, APAX will commence a tender
offer to acquire all of the outstanding common stock of Epicor for
$12.50 per share in cash, followed by a merger to acquire all
remaining outstanding shares at the same price as the tender offer.
Our investigation concerns whether the board of directors is
undertaking a fair process to obtain fair consideration for all
shareholders of Epicor. The tender offer price represents an 11%
premium over Friday’s closing stock price.
If you own shares of Epicor and would like to learn more about
these claims or if you wish to discuss this matter and have any
questions or information concerning this announcement, please
contact Robert I. Harwood, Esq. at rharwood@hfesq.com or Daniella
Quitt, Esq. at dquitt@hfesq.com. You may also call them at (877)
935-7400. For more information about class actions, or to sign up
online, please visit our website: www.hfesq.com.
Harwood Feffer LLP is a national shareholder litigation firm.
Harwood Feffer LLP is devoted to protecting the interests of
individual and institutional investors in shareholder actions in
state and federal courts nationwide.
Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
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