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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Apptio Inc (NASDAQ: APTI) acted responsibly on behalf of investors’ profitability in the planned $1.94 billion sale to Vista Equity Partners.
On November 11, 2018, Apptio Inc (NASDAQ: APTI) and Vista Equity Partners announced that they had entered into a merger agreement. Under the terms of the merger agreement, shareholders of Apptio will receive $38.00 in cash for each share of Apptio common stock.
Based in Bellevue, Washington, and founded in 2007 Apptio Inc provides cloud-based technology business management (TBM) solutions to enterprises.
The investigation is looking to uncover whether Apptio Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $40.00 per share.
company and its shareholders.
If you purchased Apptio Inc (NASDAQ: APTI) prior to November 11, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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