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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Xura Inc (NASDAQ: MESG) acted responsibly on behalf of investors’ profitability in the planned $643 million sale to Siris Capital Group LLC.
On May 23, 2016, Xura Inc (NASDAQ: MESG) and Siris Capital Group LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Siris Capital Group will offer Xura shareholders $25.00 per share in cash for all outstanding shares
Based in Wakefield, Massachusetts, and founded in 1997 Xura Inc provides digital communications solutions for communication service providers, enterprises, and application providers.
The investigation is looking to uncover whether Xura Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $30.00 per share.
If you purchased Xura Inc (NASDAQ: MESG) prior to May 23, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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