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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Premiere Global Services Inc (NYSE: PGI) acted responsibly on behalf of investors’ profitability in the planned $1 billion sale to Siris Capital Group LLC.
On September 10, 2015, Premiere Global Services Inc (NYSE: PGI) and Siris Capital Group LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Siris will offer Premiere shareholders $14.00 per share in cash for all outstanding shares.
Based in Atlanta, GA, and founded in 1991 Premiere Global Services Inc is a software company providing a collaboration platform that allows business users and teams to connect and share ideas and manage projects via cloud technologies in North America, Europe, and throughout Asia Pacific. Some of the Company’s products are iMeet, iMeetLive, iMeet Projects, and iMeet Agenday.
The investigation focuses on whether NYSE: PGI investors received the highest price and whether the directors of Premiere Global Services Inc acted in the best interest of Premiere Global Services Inc company and its shareholders.
If you purchased Premiere Global Services Inc (NYSE: PGI) prior to September 10, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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