An investigation for investors in NYSE:IMPR shares was announced concerning whether the takeover of Imprivata Inc. for $19.25 per share is unfair.
Investors who purchased shares of Imprivata Inc (NYSE:IMPR) and currently hold any of those NYSE:IMPR shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain officers and directors of Imprivata Inc breached their fiduciary duties owed to NYSE:IMPR investors in connection with the proposed acquisition.
On July 13, 2016, Imprivata Inc (NYSE:IMPR) announced that it has entered into an agreement to be acquired by an affiliate of private equity investment firm Thoma Bravo, LLC. Under the terms of the agreement, shareholders of record of Imprivata Inc (NYSE:IMPR) will receive $19.25 in cash per share of Imprivata common stock.
However, the investigation concerns whether the offer is unfair to NYSE:IMPR stockholders. More specifically, the investigation concerns whether the Imprivata Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders’ best interests in connection with the proposed sale.
Shares of Imprivata Inc (NYSE:IMPR) closed on July 25, 2016 at $19.04 per share.
Those who are current investors in NYSE:IMPR shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com