Thieler Law Corp Announces Investigation of proposed Sale of Polycom Inc (NASDAQ: PLCM) to Mitel Networks Corporation (NASDAQ: MITL)

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Polycom Inc (NASDAQ: PLCM) acted responsibly on behalf of investors’ profitability in the planned $1.96 billion sale to Mitel Networks Corporation (NASDAQ: MITL).

On April 15, 2016, Polycom Inc (NASDAQ: PLCM) and Mitel Networks Corporation (NASDAQ: MITL) announced that they had entered into a merger agreement. Under the terms of the agreement, Polycom shareholders will receive 1.31 shares of Mitel Networks stock and $3.12 cash for a combined value of $13.44 for each share of Polycom common stock.

Based in San Jose, CA, and founded in 1990 Polycom Inc provides collaboration solutions for voice, video, and content sharing.

The investigation is looking to uncover whether Polycom Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $15.00 per share.

If you purchased Polycom Inc (NASDAQ: PLCM) prior to April 15, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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