Buyout Of Vocus – Law Firm Seeks More Information For Shareholders
April 7, 2014
New York, New York
Tripp Levy PLLC a leading national securities and shareholder rights law firm announces that it is investigating the acquisition of Vocus Inc. on behalf of its shareholders. Vocus, Inc. announced it has entered into a definitive merger agreement to be acquired by GTCR in an all-cash transaction valued at approximately $446.5 million. Upon the terms and subject to the conditions of the agreement, GTCR will commence a tender offer to acquire all of the outstanding shares of Vocus’s common stock for $18.00 per share.
The investigation concerns whether the board of directors and senior management of Vocus breached its fiduciary duties by not engaging in a full and fair auction and process to sell the company so that shareholders received the maximum value for their shares. Indeed, the CEO and CFO of Vocus agreed to vote their shares in favor of the deal and one director abstained from voting on this deal.
If you are a shareholder of Vocus and would like additional information regarding the buyout of your shares including how you can participate with other shareholders seeking a higher price at no cost or expense please contact us at 1-877-772-3975 or contact us via our website.
Tripp Levy and its affiliates have offices across the country representing individual and institutional investors and has recovered billions of dollars for shareholders around the globe. Attorney advertising