SOLERA HOLDINGS ALERT – National Securities Law Firm Seeks Higher Price for Solera Holdings Shareholders, and Encourages Shareholders to Contact Law Firm for More Information
September 14, 2015
New York, New York
Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the sale of Solera Holdings, Inc. (NYSE: SLH) (“Solera” or the “Company”) on behalf of its shareholders. Solera announced that it has entered into a definitive merger agreement pursuant to which an affiliate of Vista Equity Partners (“Vista”) will acquire Solera in a transaction valued at approximately $6.5 billion, including the existing net debt of Solera. Other key investors include an affiliate of Koch Equity Development LLC, and an affiliate of Goldman, Sachs & Co. Pursuant to the merger agreement, Vista will acquire 100% of the outstanding shares of Solera common stock for $55.85 per share in cash in the merger.
Our investigation seeks to determine whether Solera engaged in a full and fair auction and process to insure that its shareholders obtained the maximum price possible for their shares. The investigation further seeks to determine whether the senior management of Solera are entering into this deal for their own self-interests to the detriment of the Company’s shareholders.
If you are a shareholder of Solera 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 or go to Participate in an Action.
Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and, along with its affiliate, has recovered billions of dollars for shareholders in securities 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.