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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Inteliquent Inc (NASDAQ: IQNT) acted responsibly on behalf of investors’ profitability in the planned $800 million sale to affiliates of private equity firm GTCR LLC.
On November 02, 2016, Inteliquent Inc (NASDAQ: IQNT) and affiliates of private equity firm GTCR LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Inteliquent shareholders are only anticipated to receive $23.00 per share in cash for all outstanding shares.
Based in Chicago, Illinois, and founded in 2001 Inteliquent Inc provides voice telecommunications services on a wholesale basis in the United States and globally.
The investigation is looking to uncover whether Inteliquent Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $24.00 per share.
If you purchased Inteliquent Inc (NASDAQ: IQNT) prior to November 02, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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