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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Constant Contact Inc (NASDAQ: CTCT) acted responsibly on behalf of investors’ profitability in the planned $1.1 billion sale to Endurance International Group Holdings Inc (NASDAQ: EIGI).
On November 2, 2015, Constant Contact Inc (NASDAQ: CTCT) and Endurance International Group Holdings Inc (NASDAQ: EIGI) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Endurance International Group Holdings Inc will offer Constant Contact Inc shareholders $32.00 per share in cash for all outstanding shares.
Based in Waltham, Massachusetts, and founded in 1995 Constant Contact Inc provides online marketing tools for nonprofits and small businesses.
The investigation is looking to uncover whether Constant Contact Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $ 50.00 per share.
If you purchased Constant Contact Inc (NASDAQ: CTCT) prior to November 2, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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