Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Furmanite Corporation (NYSE: FRM) acted responsibly on behalf of investors’ profitability in the planned $335 million sale to Team Inc (NYSE: TISI).

On November 2, 2015, Furmanite Corporation (NYSE: FRM) and Team Inc (NYSE: TISI) announced that they had entered into a merger agreement. Under the terms of the agreement Furmanite Corporation shareholders will receive 0.215 shares of Team Inc for each share of Furmanite Corporation they own. Based on Team Inc’s closing price on October 30, 2015, Furmanite Corporation shareholders would have received compensation valued at approximately $7.53 per share.

Based in Houston, Texas, and founded in 1952 Furmanite Corporation provides specialized technical services, operating in two segments, Technical Services and Engineering & Project Solutions.

The investigation is looking to uncover whether Furmanite Corporation was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $10.00 per share.

If you purchased Furmanite Corporation (NYSE: FRM) 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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