Thieler Law Corp Announces Investigation of proposed Sale of Guidance Software Inc (NASDAQ: GUID) to Open Text Corporation (NASDAQ: OTEX)

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Guidance Software Inc (NASDAQ: GUID) acted responsibly on behalf of investors’ profitability in the planned sale to Open Text Corporation (NASDAQ: OTEX).

On July 26, 2017, Guidance Software Inc (NASDAQ: GUID) and Open Text Corporation (NASDAQ: OTEX) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Open Text will offer Guidance shareholders $7.10 per share in cash for all outstanding shares.    

Based in Pasadena, California, and founded in 1997 Guidance Software Inc a technology company, provides forensic security solutions in the United States, Europe, Asia, and internationally.

The investigation is looking to uncover whether Guidance Software Inc 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 Guidance Software Inc (NASDAQ: GUID) prior to July 26, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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