An investigation for investors in NYSE:IM shares was announced concerning whether the takeover of Ingram Micro Inc. by Tianjin Tianhai Investment Company for $38.90 per share is unfair.
Investors who purchased shares of Ingram Micro Inc. (NYSE:IM) and currently hold any of those NYSE:IM 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 Ingram Micro directors breached their fiduciary duties owed to NYSE:IM investors in connection with the proposed acquisition.
On February 17, 2016, Ingram Micro Inc. (NYSE: IM) and Tianjin Tianhai Investment Company, Ltd. announced that they have entered into a merger agreement under which Tianjin Tianhai will acquire Ingram Micro for $38.90 per share in an all-cash transaction with an equity value of approximately $6.0 billion.
However, the investigation concerns whether the offer is unfair to NYSE:IM stockholders. More specifically, the investigation concerns whether the Ingram Micro 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.
On February 26, 2016, NYSE:IM shares closed at $35.67 per share.
Those who are current investors in NYSE:IM 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