INFOBLOX INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
21 September 2016 - 1:36AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Infoblox Inc.
(NYSE: BLOX)?
- Did you purchase any of your shares
prior to September 19, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Infoblox
Inc. (“Infoblox” or the “Company”) (NYSE: BLOX) regarding possible
breaches of fiduciary duties and other violations of law related to
the Company’s entry into an agreement to be acquired by Vista
Equity Partners (“Vista”), in a transaction valued at approximately
$1.6 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/infoblox-inc-blox.
Under the terms of the agreement, shareholders of Infoblox will
receive $26.50 in cash for each share of Infoblox common stock.
The investigation concerns whether Infoblox’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Infoblox shareholders before entering into an agreement
with Vista.
If you own the common stock of Infoblox and purchased your
shares before September 19, 2016, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/infoblox-inc-blox.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160920006450/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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