Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Capella Education Company (NASDAQ: CPLA) acted responsibly on behalf of investors’ profitability in the planned $1.9 billion sale to Strayer Education Inc (NASDAQ: STRA).
On October 30, 2017, Capella Education Company (NASDAQ: CPLA) and Strayer Education Inc (NASDAQ: STRA) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Strayer and Capella will combine in an all-stock merger of equals with Capella shareholders receiving 0.875 Strayer shares for each Capella share.
Based in Minneapolis, Minnesota, and founded in 1991 Capella Education Company provides online postsecondary education and job-ready skills development services in the United States.
The investigation focuses on whether NASDAQ: CPLA investors received the highest price and whether the directors of Capella Education Company acted in the best interest of Capella Education Company company and its shareholders.
If you purchased Capella Education Company (NASDAQ: CPLA) prior to October 30, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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