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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Cray Inc (NASDAQ: CRAY) acted responsibly on behalf of investors’ profitability in the planned sale to Hewlett Packard Enterprise (NYSE: HPE).
On May 17, 2019, Cray Inc (NASDAQ: CRAY) and Hewlett Packard Enterprise (NYSE: HPE) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Cray will offer Hewlett Packard shareholders $35.00 per share in cash for all outstanding shares.
Based in Seattle, Washington, and founded in 1972 Cray Inc designs, develops, manufactures, markets, and services computing products for high-performance computing, data analytics, and AI markets.
The investigation focuses on whether NASDAQ: CRAY investors received the highest price and whether the directors of Cray Inc acted in the best interest of Cray Inc company and its shareholders.
If you purchased Cray Inc (NASDAQ: CRAY) prior to May 17, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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