SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Imprivata, Inc. Buyout
20 July 2016 - 12:53AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Imprivata, Inc.
(NYSE: IMPR)?
- Did you purchase any of your shares
prior to July 13, 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 Imprivata,
Inc. (“Imprivata” or the “Company”) (NYSE: IMPR) regarding possible
breaches of fiduciary duties and other violations of law related to
the Company’s entry into an agreement to be acquired by an
affiliate of Thoma Bravo, LLC (“Thoma Bravo”), in a transaction
valued at approximately $544 million.
Click here to learn more:
http://rigrodskylong.com/investigations/imprivata-inc-impr-buyout.
Under the terms of the agreement, shareholders of Imprivata will
receive $19.25 in cash for each share of Imprivata common
stock.
The investigation concerns whether Imprivata’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Imprivata shareholders before entering into an
agreement with Thoma Bravo. According to Yahoo! Finance, at least
one analyst has issued a price target for Imprivata stock at $20.00
per share.
If you own the common stock of Imprivata and purchased your
shares before July 13, 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/imprivata-inc-impr-buyout.
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/20160719006108/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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