Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Infoblox Inc (NYSE: BLOX) acted responsibly on behalf of investors’ profitability in the planned $1.6 billion sale to Vista Equity Partners.
On September 19, 2016, Infoblox Inc (NYSE: BLOX) and Vista Equity Partners announced that they had entered into a merger agreement. Under the terms of the merger agreement, Vista will offer Infoblox shareholders $26.50 per share in cash for all outstanding shares.
Based in Santa Clara, CA, and founded in 1999 Infoblox Inc designs, develops, manufactures, and sells network control solutions.
The investigation is looking to uncover whether Infoblox Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $32.00 per share.
If you purchased Infoblox Inc (NYSE: BLOX) prior to September 19, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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