Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Marketo Inc (NASDAQ: MKTO) acted responsibly on behalf of investors’ profitability in the planned $1.79 billion sale to Vista Equity Partners.
On May 31, 2016, Marketo Inc (NASDAQ: MKTO) and Vista Equity Partners announced that they had entered into a merger agreement. Under the terms of the merger agreement, Vista will offer Marketo shareholders $35.25 per share in cash for all outstanding shares.
Based in San Mateo, CA, and founded in 2006 Marketo Inc provides cloud-based engagement marketing software platform.
The investigation is looking to uncover whether Marketo Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $55.00 per share.
If you purchased Marketo Inc (NASDAQ: MKTO) prior to May 31, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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