Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of zulily Inc (NASDAQ: ZU) acted responsibly on behalf of investors’ profitability in the planned $2.32 billion sale to Liberty Interactive Corporation (NASDAQ: QVCA). 

On August 17, 2015, zulily Inc (NASDAQ: ZU) and Liberty Interactive Corporation (NASDAQ: QVCA) announced that they had entered into a merger agreement.  Under the terms of the merger agreement, NASDAQ: ZU investors will receive $9.375 in cash and 0.3098 newly-issued shares of Liberty for each Zulily share that they own, which gives the value of the share at $18.75 per share. 

Based in Seattle, WA, and founded in 2009 zulily Inc is an online international retailer that markets to mothers purchasing for their children, families, themselves, and their homes. The merchandise is wide ranging offering apparel to men, women, and children.  Additional merchandise sold on their site is;  accessories, shoes, infant gear, sports equipment, toys, books, kitchen accessories, home décor, entertainment, electronics, pet accessories, and health and beauty products. 

The investigation is looking to uncover whether zulily Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $19.00 per share. 

If you purchased zulily Inc (NASDAQ: ZU) prior to August 17, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324. 

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