Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of United Online Inc (NASDAQ: UNTD) acted responsibly on behalf of investors’ profitability in the planned $170 million sale to B. Riley Financial Inc (NASDAQ: RILY).
On May 04, 2016, United Online Inc (NASDAQ: UNTD) and B. Riley Financial Inc (NASDAQ: RILY) announced that they had entered into a merger agreement. Under the terms of the merger agreement, B. Riley Financial will offer United Online shareholders $11.00 per share in cash for all outstanding shares.
Based in Woodland Hills, CA, and founded in 2001 United Online Inc provides consumer products and services over the Internet.
The investigation is looking to uncover whether United Online Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $19.50 per share.
If you purchased United Online Inc prior to May 04, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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