E2open SHAREHOLDER ALERT – National Securities Law Firm Seeks Higher Price For Shareholders In Connection With Acquisition. Encourages Shareholders To Contact Law Firm For More Information
February 5, 2015
New York, New York
Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of E2open, Inc. (NASDAQ: “EOPN”) (“E2open” or the “Company”) on behalf of its’ shareholders. Insight Venture Partners (“Insight”) and E2open have entered into an agreement providing for Insight to acquire the outstanding shares of E2open for $8.60 per share.
Our investigation has determined that the offer price of only $8.60 per share unfairly under-values the true going forward inherent value of the Company and that shareholders are not receiving the maximum value for their shares. Indeed, among other things, analyst have projected that the Company is worth at least $10 per share, and the Company’s stock reached as high as $29.82 this past year.
If you are a shareholder of E2open and would like additional information as to how the acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us toll free at 1-800-511-7037 or contact us via our website.
Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliate, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome.